350 E 30th St APT 2HNew 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
Investment property for sale in New York at 350 E 30th St APT 2H, New York, NY, 10016 uses $248,395 cash to close to unlock $4,099/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $5,383/mo, and a $3,695/mo payment keeps the spread at $342/mo. Purchase price stands at $755,000, and rental yield measures 8.56% with $5,383/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $208,593 over five years. Five-year ROI reaches 113.11% and total cumulative return in cash records $280,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,383/mo property income covering a $3,695/mo payment rather than investor’s personal income.
Condo
Built in 1956
N/A lot
$N/A/sqft
No 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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