300 E 62nd St APT 801New YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 300 E 62nd St APT 801, New York, NY, 10065 in New York speaks for itself: 10.86% gross on a $775,000 price, generating $7,015/mo in rent and $906/mo in net income after the $3,485/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,871 stacks alongside $214,118 in projected five-year appreciation and $7,138/yr in principal reduction. Projected total cumulative return: $357,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 4.8% |
| Monthly Cash Flow | $906 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,015 |
| Total Monthly Debt Service | $5,801 |
| DSCR Ratio | 1.21x |
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 1986
N/A lot
$N/A/sqft
$934 monthly HOA
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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 1986
N/A lot
$N/A/sqft
$934 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices