416 E 117th St #5ANew YorkNY10035
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 416 E 117th St #5A, New York, NY, 10035 in New York: $5,186/mo in rent, $639/mo net, 13.74% gross yield, all on a $453,122 acquisition. The 2.54 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $125,189 in value, and $4,173/yr in principal paydown steadily builds equity. Projected total cumulative return: $220,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 4.8% |
| Monthly Cash Flow | $639 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,186 |
| Total Monthly Debt Service | $4,367 |
| DSCR Ratio | 1.19x |
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.
Multi Family
Built in 2008
5,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10035, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,688 (100%) |
| Owner Occupied HU | 1,564 ( 9.4%) |
| Renter Occupied HU | 13,744 (82.4%) |
| Vacant Housing Units | 1,380 ( 8.3%) |
| Median Home Value | $718,233 |
| Average Home Value | $917,413 |
Housing Distribution
Address Breakdown
Residential
15,564
Single Family
549
Multi-Family
15,015
Businesses
882
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
Multi Family
Built in 2008
5,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10035, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,688 (100%) |
| Owner Occupied HU | 1,564 ( 9.4%) |
| Renter Occupied HU | 13,744 (82.4%) |
| Vacant Housing Units | 1,380 ( 8.3%) |
| Median Home Value | $718,233 |
| Average Home Value | $917,413 |
Housing Distribution
Address Breakdown
Residential
15,564
Single Family
549
Multi-Family
15,015
Businesses
882
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices