35 Park Ave APT 2CNew YorkNY10016
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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
Rental property for sale in New York at 35 Park Ave APT 2C, New York, NY, 10016 priced at $1,150,000 pairs $12,162/mo rent with $1,811/mo cash flow after a $5,629/mo payment. Total monthly income equals $12,162/mo, and annual cash flow comes to $21,734/yr on $372,600 invested. Return on cash invested is 26.2% in year one, and rental yield stands at 12.69% on a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and 5% annual appreciation accumulates to $317,724 by year five. Five-year ROI measures 140.28% and total cumulative return in cash reaches $522,669. For financing, Ziffy Mortgage’s DSCR program evaluates $12,162/mo property income against a $5,629/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1955
N/A lot
$N/A/sqft
$2,671 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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