350 E 30th St APT 2H, New York, NY, 10016 | $684/mo Cash Flow

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350 E 30th St APT 2H, New York, NY, 10016 | $684/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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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 $8,203/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $5,725/mo, and a $3,695/mo payment keeps the spread at $684/mo. Purchase price stands at $755,000, and rental yield measures 9.1% with $5,725/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $208,593 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash records $302,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,725/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

More details about the property

350 E 30th St. Apt 2H This Extra Extra large Condo 1.5 Bedroom (already flexed to 2 bedroom) is perfect for buyers and investors. With a flexible layout and windows that allows an owner to maximize space and design, you will love living in this wonderful 776 SF Condo Unit. Lots natural light from the South Eastern exposures. Some of the exciting features include a massive foyer which can act as a great home office space, a windowed kitchen and bathroom, and 5 incredible closets. This building is an established and well maintained, 24 hour fully-staffed condominium with a Doorman, a Live-in super for any maintenance issues, elevators, modern laundry room and a Sprawling Luxury Lobby. It also includes a garage next door , separate storage space downstairs. Quiet, Brownstoned and Tree-lined street conveniently located near schools, world cuisines, shops, nightlife, and transportation. Also on the same block is the new 44,000 sqft Fairway Supermarket and the Kips Bay Plaza for ALL your needs. This gem of a home is located in the heart of the greatest city in the world.

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