311 E 71st St APT 6CNew YorkNY10021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow311 E 71st St APT 6C, New York, NY, 10021 in New York is a top-tier cash-flow asset. At $530,000 it produces $8,134/mo in rent and $2,812/mo in net monthly income, a 18.42% gross rental yield. The DSCR of 3.41 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $33,748. Five-year appreciation adds $146,429, driving a total cumulative return of $390,854.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.4% | 4.8% |
| Monthly Cash Flow | $2,812 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,134 |
| Total Monthly Debt Service | $5,110 |
| DSCR Ratio | 1.59x |
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 1962
N/A lot
$N/A/sqft
$1,782 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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 1962
N/A lot
$N/A/sqft
$1,782 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices