150 W 51st St #1718New YorkNY10020
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 150 W 51st St #1718, New York, NY, 10020 in New York at $860,000, 4.31% gross yield, is a market-growth asset. Rental yield 4.31%. The $3,090/mo rent partially funds the $3,867/mo debt service; the core return is the 5%/yr price growth projected to add $237,602 over five years. Ziffy Mortgage's DSCR mortgage (0.80) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $157,242.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 4.8% |
| Monthly Cash Flow | $(3,443) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,090 |
| Total Monthly Debt Service | $5,401 |
| DSCR Ratio | 0.57x |
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10020, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 418 (100%) |
| Owner Occupied HU | 71 (17.0%) |
| Renter Occupied HU | 206 (49.3%) |
| Vacant Housing Units | 141 (33.7%) |
| Median Home Value | $1,154,412 |
| Average Home Value | $1,103,592 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
414
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10020, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 418 (100%) |
| Owner Occupied HU | 71 (17.0%) |
| Renter Occupied HU | 206 (49.3%) |
| Vacant Housing Units | 141 (33.7%) |
| Median Home Value | $1,154,412 |
| Average Home Value | $1,103,592 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices