430 Lenox Ave APT 2FNew YorkNY10037
INVESTMENT ANALYSIS
Investment Verdict
Solid Income430 Lenox Ave APT 2F, New York, NY, 10037 in New York carries a 1.68 coverage ratio, rent of $1,321/mo is 1.68 times the $787/mo payment. Rental yield 9.06%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $175,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $48,349; total projected cumulative return: $39,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.8% |
| Monthly Cash Flow | $(468) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,321 |
| Total Monthly Debt Service | $1,719 |
| DSCR Ratio | 0.77x |
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 1910
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10037, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,106 (100%) |
| Owner Occupied HU | 798 ( 7.9%) |
| Renter Occupied HU | 8,639 (85.5%) |
| Vacant Housing Units | 669 ( 6.6%) |
| Median Home Value | $454,592 |
| Average Home Value | $688,279 |
Housing Distribution
Address Breakdown
Residential
10,127
Single Family
60
Multi-Family
10,067
Businesses
346
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 1910
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10037, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,106 (100%) |
| Owner Occupied HU | 798 ( 7.9%) |
| Renter Occupied HU | 8,639 (85.5%) |
| Vacant Housing Units | 669 ( 6.6%) |
| Median Home Value | $454,592 |
| Average Home Value | $688,279 |
Housing Distribution
Address Breakdown
Residential
10,127
Single Family
60
Multi-Family
10,067
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices