1 Wall St APT 1805New YorkNY10005
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1 Wall St APT 1805, New York, NY, 10005 in New York is capital appreciation. Rental yield 5.17%. The 5.17% gross yield at $1,625,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $448,958 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.96) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $371,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 4.8% |
| Monthly Cash Flow | $(3,857) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,995 |
| Total Monthly Debt Service | $10,205 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Housing Distribution
Address Breakdown
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Housing Distribution
Address Breakdown
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices