351 W 53rd St APT 4ENew YorkNY10019
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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 351 W 53rd St APT 4E, New York, NY, 10019 earns from $3,153/mo rent with a $2,594/mo payment. Total monthly income totals $3,153/mo. ROI tracks 9.49% on current figures, and rental yield reads 7.14% at a $529,999 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 50.44% and total cumulative return in cash sums $87,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,153/mo property income instead of your personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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