301 E 61st St #12BNew YorkNY10065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 301 E 61st St #12B, New York, NY, 10065 in New York. Priced at $849,602, it generates $9,712/mo in gross rent and $1,550/mo in net monthly cash flow, a 13.72% yield that comfortably supports the 2.54 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $18,602. Five-year appreciation: $234,729. Equity from principal paydown: $7,825/yr. Total projected cumulative return: $434,579.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 4.8% |
| Monthly Cash Flow | $1,550 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,712 |
| Total Monthly Debt Service | $7,823 |
| DSCR Ratio | 1.24x |
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 2014
N/A lot
$N/A/sqft
No HOA
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 2014
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices