123 Washington St #PH53GNew YorkNY10006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 123 Washington St #PH53G, New York, NY, 10006 in New York: $7,303/mo in rent, $497/mo in net income, 11.53% gross yield, 2.14 DSCR, all at $760,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $209,974 in appreciation and $7,000/yr in principal paydown projects total cumulative return of $329,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.8% |
| Monthly Cash Flow | $497 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,303 |
| Total Monthly Debt Service | $6,504 |
| DSCR Ratio | 1.12x |
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 2010
N/A lot
$N/A/sqft
$1,731 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
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 2010
N/A lot
$N/A/sqft
$1,731 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices