417 E 87th St APT 3DNew YorkNY10128
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 417 E 87th St APT 3D, New York, NY, 10128 in New York offers it: the 1.56 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.29%. Long-term, 5% appreciation is forecast to add $79,845, and $2,662/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $51,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.8% |
| Monthly Cash Flow | $(1,021) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,025 |
| Total Monthly Debt Service | $2,903 |
| DSCR Ratio | 0.70x |
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 1920
N/A lot
$N/A/sqft
$1,088 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
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 1920
N/A lot
$N/A/sqft
$1,088 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices