522 W 29th St APT 2BNew YorkNY10001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 522 W 29th St APT 2B, New York, NY, 10001 in New York speaks for itself: 31.01% gross on a $949,567 price, generating $24,536/mo in rent and $13,275/mo in net income after the $4,270/mo debt service. DSCR 5.75, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $159,300 stacks alongside $262,348 in projected five-year appreciation and $8,746/yr in principal reduction. Projected total cumulative return: $1,237,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 31% | 4.8% |
| Monthly Cash Flow | $13,275 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $24,536 |
| Total Monthly Debt Service | $10,884 |
| DSCR Ratio | 2.25x |
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 2017
0.34 Acres lot
$N/A/sqft
$1,987 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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 2017
0.34 Acres lot
$N/A/sqft
$1,987 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices