401 E 60th St APT 5F, New York, NY, 10022 | $857/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

401 E 60th St APT 5F, New York, NY, 10022 | $857/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
920 sft

305 E 51st St APT 3B, New York, NY, 10022

4 Bed
3 Bath
1400 sft

22 Liberty Ave, Staten Island, NY, 10304

2 Bed
2 Bath
- sft

148 W 23rd St #23K, New York, NY, 10011

1 Bed
2 Bath
1034 sft

160 Imlay St #3B3, Brooklyn, NY, 11231

Nearby investment properties with comparable prices

10 Bed
4 Bath
- sft

19-21 N Abbotsford Ave, Newark, NJ, 07106

1 Bed
1 Bath
696 sft

80 Park Ave APT 11D, New York, NY, 10016

1 Bed
1 Bath
607 sft

80 Park Ave APT 12F, New York, NY, 10016

1 Bed
1 Bath
- sft

301 E 45th St APT 3B, New York, NY, 10017

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 401 E 60th St APT 5F, New York, NY, 10022 earns $857/mo cash flow from $6,526/mo rent with a $4,155/mo payment. Total monthly income totals $6,526/mo, and annual cash flow totals $10,283/yr on $279,321 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.22% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 124% and total cumulative return in cash sums $346,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,526/mo property income instead of your personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

This spacious north-facing one-bedroom apartment boasts hardwood floors, a modern kitchen with stainless steel appliances and granite countertops, and a luxurious marble bathroom. The building has recently completed Local Law 11 work, replaced the elevators, and is in the process of renovating the hallways-all of which have already been paid for. Ideally situated on the Upper East Side, this luxury condo offers exceptional amenities, including a 24-hour doorman and concierge, a newly renovated lobby, a complimentary fitness center, a roof deck with panoramic city views, a bike room, a playroom, and on-site laundry. Conveniently located across from Trader Joe's, it is also within short distance to multiple subway lines and some of the best dining and shopping the city has to offer.

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