513 W 157th St APT 3BNew YorkNY10032
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 513 W 157th St APT 3B, New York, NY, 10032 in New York. At $490,000 it earns $4,411/mo in rent and distributes $313/mo to the owner after the $2,203/mo payment, a consistent 10.8% yield. DSCR 2.00 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $135,378 in value; $4,513/yr in principal paydown compounds ownership stake. Total projected return: $260,191.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 4.8% |
| Monthly Cash Flow | $313 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,411 |
| Total Monthly Debt Service | $3,077 |
| DSCR Ratio | 1.43x |
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 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices