501 E 79th St APT 8CNew YorkNY10075
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 501 E 79th St APT 8C, New York, NY, 10075 in New York delivers $12,456/mo in gross rent and $332/mo in net monthly income at a $1,498,000 entry. The 9.98% yield and 1.85 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $413,870 over five years and $13,797/yr in equity from loan paydown, total projected return is $601,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 4.8% |
| Monthly Cash Flow | $332 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,456 |
| Total Monthly Debt Service | $11,528 |
| DSCR Ratio | 1.08x |
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.
Condo
Built in 1961
N/A lot
$N/A/sqft
$2,121 monthly HOA
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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
Condo
Built in 1961
N/A lot
$N/A/sqft
$2,121 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices