324 E 35th St APT 2-AManhattanNY10016
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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
Investment Highlights
Investment property for sale in Manhattan at 324 E 35th St APT 2-A, Manhattan, NY, 10016 uses $149,175 cash to close to unlock $9,810/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $4,898/mo, and a $2,203/mo payment keeps the spread at $818/mo. Purchase price stands at $450,000, and rental yield measures 13.06% with $4,898/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash records $211,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,898/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$1,075 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
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