175 E 62nd St APT 17ANew YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow175 E 62nd St APT 17A, New York, NY, 10065 in New York carries a 2.22 coverage ratio, rent of $9,472/mo is 2.22 times the $4,272/mo payment. Rental yield 11.96%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $950,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $262,467; total projected cumulative return: $563,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 4.8% |
| Monthly Cash Flow | $(5,296) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,472 |
| Total Monthly Debt Service | $5,966 |
| DSCR Ratio | 1.59x |
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 1963
N/A lot
$N/A/sqft
No HOA
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 1963
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices