1160 3rd AveNew YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1160 3rd Ave, New York, NY, 10065 in New York speaks for itself: 15.5% gross on a $1,125,000 price, generating $14,532/mo in rent and $3,993/mo in net income after the $5,059/mo debt service. DSCR 2.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $47,921 stacks alongside $310,817 in projected five-year appreciation and $10,361/yr in principal reduction. Projected total cumulative return: $699,097.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 4.8% |
| Monthly Cash Flow | $3,993 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $14,532 |
| Total Monthly Debt Service | $10,091 |
| DSCR Ratio | 1.44x |
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
$3,026 monthly HOA
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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
Condo
Built in 1965
N/A lot
$N/A/sqft
$3,026 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices