19 Park Pl #10ANew YorkNY10007
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 19 Park Pl #10A, New York, NY, 10007 in New York speaks for itself: 27.01% gross on a $773,088 price, generating $8,280/mo in rent and $7,785/mo in net income after the $3,476/mo debt service. DSCR 2.38, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $93,423 stacks alongside $213,590 in projected five-year appreciation and $7,120/yr in principal reduction. Projected total cumulative return: $228,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27% | 4.8% |
| Monthly Cash Flow | $7,785 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,280 |
| Total Monthly Debt Service | $9,307 |
| DSCR Ratio | 0.89x |
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 2022
N/A lot
$N/A/sqft
$1,968 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 2022
N/A lot
$N/A/sqft
$1,968 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