35 Sutton Pl #18FNew YorkNY10022
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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 New York at 35 Sutton Pl #18F, New York, NY, 10022 with 5% annual appreciation on a $1,100,000 basis while $20,563/mo rent supports operations. Total monthly income totals $20,563/mo and a $5,384/mo payment preserves $9,261/mo for cash returns. Annual cash flow comes to $111,136/yr on $356,400 deployed, and return on cash invested reaches 51.55% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 22.43%. Five-year ROI measures 277.93% and total cumulative return in cash totals $990,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $20,563/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1960
N/A lot
$N/A/sqft
$3,956 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
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