353 E 72nd St #3CDManhattanNY10021
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 353 E 72nd St #3CD, Manhattan, NY, 10021 in Manhattan the bet is firmly on appreciation. Rental yield 4.25%. The 4.25% gross yield on a $1,299,000 price is below income-first thresholds, but 5%/yr value growth projects $358,890 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.79) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $233,214.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(7,360) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,601 |
| Total Monthly Debt Service | $8,158 |
| DSCR Ratio | 0.56x |
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 1975
N/A lot
$N/A/sqft
No 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 1975
N/A lot
$N/A/sqft
No 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