77 W 55th St APT 16ENew 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 77 W 55th St APT 16E, New York, NY, 10019 with 5% annual appreciation on a $975,000 basis while $8,695/mo rent supports operations. Total monthly income totals $8,695/mo and a $4,772/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,967/yr on $320,775 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $6,292/yr, and five-year appreciation sums $269,375 alongside rental yield of 10.7%. Five-year ROI measures 121.21% and total cumulative return in cash totals $388,803.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,695/mo property income versus a $4,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1963
N/A lot
$N/A/sqft
$1,437 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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