408 W 34th St APT 6H, Manhattan, NY, 10001 | $137/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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408 W 34th St APT 6H, Manhattan, NY, 10001 | $137/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 Manhattan at 408 W 34th St APT 6H, Manhattan, NY, 10001 listed at $750,000 pairs $5,983/mo rent with a $3,671/mo payment to leave $137/mo cash flow. Total monthly income runs $5,983/mo, and annual cash flow reaches $1,638/yr on $246,750 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 9.57% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 109.3% and total cumulative return in cash totals $269,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,983/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1960

N/A lot

$N/A/sqft

$838 monthly HOA

More details about the property

Welcome to Residence 6H at Madison Gardens, a bright top-floor one bedroom moments from Hudson Yards. Thoughtful updates, quiet interiors, and low monthly maintenance make this a turnkey city home. The living area features refinished hardwood floors and professionally soundproofed windows that keep the city at bay. The kitchen is designed for real cooking, with quartzite countertops, a marble backsplash, a Bertazzoni range and microwave, and Bosch refrigerator and dishwasher. Lighting and kitchen plumbing were recently refreshed, and dimmers are installed throughout for easy ambiance. The bedroom offers calm and comfort with a BigAssFans ceiling fan, built-in blackout and solar shades, and a new 12K BTU dual-hose portable A/C unit stored for summer months. A second 14K BTU unit with an active warranty is included. All windows and entry doors have been resealed to improve energy efficiency. A large private storage unit transfers with the sale and is prepaid through December 2025, a rare convenience in Manhattan. Madison Gardens, 408 West 34th Street, is a pet-friendly elevator co-op with a virtual doorman, live-in super, a new laundry room, rentable storage, and access to indoor and outdoor subsidized parking on a waitlist. Subletting is permitted, subject to building policy. Live minutes from Moynihan Train Hall, Penn Station, the A/C/E and 7 trains, Whole Foods, Equinox, Lifetime Fitness, and the dining, parks, and art of Hudson Yards.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10001, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,863 (100%)
Owner Occupied HU	3,468 (17.5%)
Renter Occupied HU	13,783 (69.4%)
Vacant Housing Units	2,612 (13.2%)
Median Home Value	$797,546
Average Home Value	$997,143