357 E 57th St APT 3D, New York, NY, 10022 | Equity Gain $8,356/yr

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

Total monthly income runs $4,425/mo, and a $6,338/mo payment. Purchase price stands at $1,295,000, and rental yield measures 4.1% with $4,425/mo rent. Return on cash invested shows -0.35% in year one, and 5% annual appreciation builds toward $357,785 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,425/mo property income covering a $6,338/mo payment rather than investor’s personal income.

Condo

Built in 1958

N/A lot

$N/A/sqft

$3,023 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