








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 5I, New York, NY, 10016 uses $356,400 cash to close to unlock $2,896/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $8,285/mo, and a $5,384/mo payment keeps the spread at $241/mo. Purchase price stands at $1,099,999, and rental yield measures 9.04% with $8,285/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $303,909 over five years. Five-year ROI reaches 111.09% and total cumulative return in cash records $395,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,285/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$698 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 |
|---|---|---|
| 2023-11-10 | Listing removed | N/A |
| 2023-09-07 | Listed for sale | $1,099,999 |
| 2022-06-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $79,461 | 1.92% |
| 2022-08-10 | N/A | N/A | $77,967 | 0.46% |
| 2021-08-10 | N/A | N/A | $77,612 | -10.67% |



Listed by: Sonia Rehani - Licensed Associate Real Estate Broker • R New York
Mls Name: StreetEasy
Mls ID: #1679149