50 West St #32ANew YorkNY10006
INVESTMENT ANALYSIS
Investment Verdict
Solid Income50 West St #32A, New York, NY, 10006 in New York carries a 1.52 coverage ratio, rent of $12,304/mo is 1.52 times the $8,071/mo payment. Rental yield 8.23%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $1,795,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $495,925; total projected cumulative return: $605,871.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.8% |
| Monthly Cash Flow | $(1,333) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,304 |
| Total Monthly Debt Service | $12,923 |
| DSCR Ratio | 0.95x |
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 2016
N/A lot
$N/A/sqft
$1,650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
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 2016
N/A lot
$N/A/sqft
$1,650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices