1160 3rd Ave APT 11ENew YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1160 3rd Ave APT 11E, New York, NY, 10065 in New York carries a 2.03 coverage ratio, rent of $6,750/mo is 2.03 times the $3,328/mo payment. Rental yield 10.95%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $740,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $204,448; total projected cumulative return: $398,541.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 4.8% |
| Monthly Cash Flow | $(859) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,750 |
| Total Monthly Debt Service | $4,647 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1965
N/A lot
$N/A/sqft
No HOA
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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 1965
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices