245 E 54th St APT 27MNew YorkNY10022
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing245 E 54th St APT 27M, New York, NY, 10022 in New York is a stable, well-positioned rental at $750,000. Rental yield 6.14%. DSCR 1.14 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $207,211 in value and $6,908/yr in principal paydown builds equity, a total projected return of $210,700.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 4.8% |
| Monthly Cash Flow | $(1,170) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,838 |
| Total Monthly Debt Service | $4,710 |
| DSCR Ratio | 0.81x |
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 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
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 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices