393 W 49th St APT 3KNew YorkNY10019
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 393 W 49th St APT 3K, New York, NY, 10019 in New York. At $499,000 it earns $4,247/mo in rent and distributes $231/mo to the owner after the $2,366/mo payment, a consistent 10.21% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $137,865 in value; $4,183/yr in principal paydown compounds ownership stake. Total projected return: $239,775.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 4.8% |
| Monthly Cash Flow | $231 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
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 | $4,247 |
| Total Monthly Debt Service | $3,255 |
| DSCR Ratio | 1.30x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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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
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