300 E 71st St APT 6M, New York, NY, 10021 | Equity Gain $7,743/yr

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Monthly Cash Flow: 1 - 3k+

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300 E 71st St APT 6M, New York, NY, 10021 | Equity Gain $7,743/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New York at 300 E 71st St APT 6M, New York, NY, 10021 listed at $1,200,000 pairs $4,050/mo rent with a $5,873/mo payment. Total monthly income runs $4,050/mo. Return on cash invested measures 0.66% in year one, and rental yield registers 4.05% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 2.88% and total cumulative return in cash totals $11,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,050/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1961

N/A lot

$N/A/sqft

$2,423 monthly HOA

More details about the property

Coffee, Cocktails Al Fresco Heart of the Upper East Side A wealth of natural light blend perfectly. Lovely renovated, corner, 2 bedroom, 2 bath with separate dining area and balcony in a luxury, 24 hour doorman cooperative. Upon entering the expansive living room you see a wall of windows with western exposure, beautiful hardwood floors and your private balcony. The kitchen is complete with a large pantry, spacious granite counter tops, subway backsplash, stainless steel appliances and Bosch dishwasher. Opposite the kitchen is a tremendous walk-in closet. Relax in the oversized primary bedroom with en-suite marble bath and easily fits a King sized bed. There are 2 double door custom closets. The second bedroom also features western exposure and space for a Queen sized bed. Apartment features crown and base molding, hardwood floors, ceiling fans in living room and both bedrooms, thru the wall A/C, "which means You control the A/C 12 months a year". Washer/dryer permitted with board consent. 300 East 71st Street offers a luxury lifestyle. Brand new marble lobby, new fitness center on lobby level, exquisite landscaped roof deck, pet-friendly, resident manager, exceptional staff, renovated corridors, optional storage lockers (subject to availability), a luggage room, bike and stroller storage, garage, as well as a convenient central laundry room. Shown by appointment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10021, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,344 (100%)
Owner Occupied HU	10,240 (36.1%)
Renter Occupied HU	14,054 (49.6%)
Vacant Housing Units	4,050 (14.3%)
Median Home Value	$1,615,914
Average Home Value	$1,531,995