330 E 38th St APT 22H, New York, NY, 10016 | 7.57% Rental Yield

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330 E 38th St APT 22H, New York, NY, 10016 | 7.57% Rental Yield | 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 330 E 38th St APT 22H, New York, NY, 10016 earns from $4,889/mo rent with a $3,793/mo payment. Total monthly income totals $4,889/mo. ROI tracks 18.71% on current figures, and rental yield reads 7.57% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 97.04% and total cumulative return in cash sums $247,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,889/mo property income instead of your personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Just listed at The Corinthian Condominiuman oversized alcove studio with a smart, open layout and a bright, inviting feel. Natural light pours in through the signature bay windows, framing serene northeastern river views. The kitchen has been updated with sleek stainless steel appliances, and the home features hardwood floors and generous closet space throughout. Residents of The Corinthian enjoy five-star service and amenities that rival a private club, including a 12,000-square-foot health and wellness center with a glass-enclosed pool, hot tub, sauna, steam room, indoor running track, sundeck, childrens playroom, lounge with catering kitchen, and golf simulator. The building offers a full-time doorman and concierge, valet parking, and a private garage. Investor-friendly and pet-welcoming, The Corinthian is ideally situated moments from shops, dining, parks, transportation, and the East River Ferry, making it a perfect blend of luxury and convenience.

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