353 W 56th St APT 2ANew 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 353 W 56th St APT 2A, New York, NY, 10019 earns $237/mo cash flow from $4,982/mo rent with a $3,185/mo payment. Total monthly income totals $4,982/mo, and annual cash flow totals $2,850/yr on $214,080 capital. ROI tracks 21.39% on current figures, and rental yield reads 9.19% at a $650,700 purchase. Equity gained on principal adds $4,199/yr, and 5% annual appreciation supports $179,776 over five years. Five-year ROI reaches 112.22% and total cumulative return in cash sums $240,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,982/mo property income instead of your personal income.
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No 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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