








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New York at 330 E 38th St APT 33H, New York, NY, 10016 listed at $720,000 pairs $6,581/mo rent with a $3,524/mo payment to leave $1,220/mo cash flow. Total monthly income runs $6,581/mo, and annual cash flow reaches $14,640/yr on $236,880 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 10.97% at a $720,000 basis. Equity gained on principal adds $4,646/yr, and annual property appreciation at 5% supports $198,923 by year five. Five-year ROI tracks 138.41% and total cumulative return in cash totals $327,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,581/mo property income relative to a $3,524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
$553 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| 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 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Listed for sale | $720,000 |
| 2019-08-29 | Listing removed | $2,600 |
| 2019-08-22 | Listed for rent | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $59,116 | 1.92% |
| 2022-09-15 | N/A | N/A | $58,004 | 0.46% |
| 2021-09-15 | N/A | N/A | $57,740 | -10.67% |



Listed by: Junko Yamada - Licensed Real Estate Salesperson • Redac, Inc.
Mls Name: StreetEasy
Mls ID: #1725981