377 Rector PlNew YorkNY10280
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 377 Rector Pl, New York, NY, 10280 in New York is straightforward: $743,000 in, $4,895/mo in rent, $966/mo out after debt service. The 9.57% gross yield and 1.47 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $205,277 by year five. With $6,843/yr in principal equity, the total cumulative return is projected at $279,010.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.8% |
| Monthly Cash Flow | $966 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,895 |
| Total Monthly Debt Service | $4,666 |
| DSCR Ratio | 1.05x |
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
693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,426 (100%) |
| Owner Occupied HU | 1,550 (28.6%) |
| Renter Occupied HU | 3,384 (62.4%) |
| Vacant Housing Units | 492 ( 9.1%) |
| Median Home Value | $1,096,026 |
| Average Home Value | $1,315,710 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
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 1986
693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,426 (100%) |
| Owner Occupied HU | 1,550 (28.6%) |
| Renter Occupied HU | 3,384 (62.4%) |
| Vacant Housing Units | 492 ( 9.1%) |
| Median Home Value | $1,096,026 |
| Average Home Value | $1,315,710 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices