12 E 97th St #7DNew YorkNY10029
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 12 E 97th St #7D, New York, NY, 10029 in New York achieves a 1.65 ratio at $685,000: $5,070/mo rent versus $3,080/mo debt service. Rental yield 8.88%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.88% yield compounds alongside 5% annual appreciation projecting $189,253 in value. Total projected cumulative return: $293,120.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.8% |
| Monthly Cash Flow | $(1,777) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,070 |
| Total Monthly Debt Service | $4,302 |
| DSCR Ratio | 1.18x |
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 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
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 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices