16 Warren St APT 2New YorkNY10007
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow16 Warren St APT 2, New York, NY, 10007 in New York is a top-tier cash-flow asset. At $1,450,000 it produces $18,055/mo in rent and $7,568/mo in net monthly income, a 14.94% gross rental yield. The DSCR of 2.77 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $90,820. Five-year appreciation adds $400,608, driving a total cumulative return of $1,043,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.9% | 4.8% |
| Monthly Cash Flow | $7,568 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $18,055 |
| Total Monthly Debt Service | $9,910 |
| DSCR Ratio | 1.82x |
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 2006
N/A lot
$N/A/sqft
$804 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10007, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,044 (100%) |
| Owner Occupied HU | 1,410 (28.0%) |
| Renter Occupied HU | 3,001 (59.5%) |
| Vacant Housing Units | 633 (12.5%) |
| Median Home Value | $1,607,143 |
| Average Home Value | $1,583,307 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
14
Multi-Family
4,075
Businesses
1,149
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 2006
N/A lot
$N/A/sqft
$804 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10007, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,044 (100%) |
| Owner Occupied HU | 1,410 (28.0%) |
| Renter Occupied HU | 3,001 (59.5%) |
| Vacant Housing Units | 633 (12.5%) |
| Median Home Value | $1,607,143 |
| Average Home Value | $1,583,307 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
14
Multi-Family
4,075
Businesses
1,149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices