20 River Ter APT 6QNew YorkNY10282
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 20 River Ter APT 6Q, New York, NY, 10282 in New York achieves 1.88, rent of $5,864/mo covers the $3,125/mo payment 1.5x over at $695,000. Rental yield 10.13%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $192,016 over five years, with $6,401/yr in principal reduction bringing total projected return to $243,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 4.8% |
| Monthly Cash Flow | $(444) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,864 |
| Total Monthly Debt Service | $6,032 |
| DSCR Ratio | 0.97x |
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 2002
N/A lot
$N/A/sqft
$1,667 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10282, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,418 (100%) |
| Owner Occupied HU | 206 ( 8.5%) |
| Renter Occupied HU | 1,827 (75.6%) |
| Vacant Housing Units | 385 (15.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,580,671 |
Housing Distribution
Address Breakdown
Residential
2,777
Single Family
1
Multi-Family
2,776
Businesses
40
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 2002
N/A lot
$N/A/sqft
$1,667 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10282, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,418 (100%) |
| Owner Occupied HU | 206 ( 8.5%) |
| Renter Occupied HU | 1,827 (75.6%) |
| Vacant Housing Units | 385 (15.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,580,671 |
Housing Distribution
Address Breakdown
Residential
2,777
Single Family
1
Multi-Family
2,776
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices