305 E 108th StNew YorkNY10029
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow305 E 108th St, New York, NY, 10029 in New York earns its strong cash-flow label: 10.21% yield, $9,358/mo rent, $742/mo net income, DSCR 1.89. The $1,100,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $303,910 by year five. Combined with $10,131/yr in principal paydown, total projected return reaches $472,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 4.8% |
| Monthly Cash Flow | $742 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,358 |
| Total Monthly Debt Service | $8,178 |
| DSCR Ratio | 1.14x |
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 1926
N/A lot
$N/A/sqft
$1,270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
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 1926
N/A lot
$N/A/sqft
$1,270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices