29 E 64th St #7CNew YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play29 E 64th St #7C, New York, NY, 10065 in New York is priced for appreciation, not yield. Rental yield 3.89%. At $1,875,000 with a 3.89% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $518,028 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.72) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 4.8% |
| Monthly Cash Flow | $(12,896) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,078 |
| Total Monthly Debt Service | $18,228 |
| DSCR Ratio | 0.33x |
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 1922
N/A lot
$N/A/sqft
$6,453 monthly HOA
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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 1922
N/A lot
$N/A/sqft
$6,453 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices