46 W 83rd St APT 3CNew YorkNY10024
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 46 W 83rd St APT 3C, New York, NY, 10024 in New York at $575,000 earns $5,285/mo in rent and nets $151/mo after the $2,726/mo payment, a 11.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $158,862 over five years. Ziffy Mortgage underwrites this on a 1.94 DSCR without U.S. credit history. With $4,820/yr in principal paydown, total projected return reaches $301,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 4.8% |
| Monthly Cash Flow | $151 | $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 | $5,285 |
| Total Monthly Debt Service | $3,751 |
| DSCR Ratio | 1.41x |
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 1911
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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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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Nearby investment properties with comparable prices
