54 E 1st StNew YorkNY10003
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 54 E 1st St, New York, NY, 10003 in New York speaks for itself: 10.65% gross on a $525,000 price, generating $4,660/mo in rent and $1,154/mo in net income after the $2,361/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,845 stacks alongside $145,048 in projected five-year appreciation and $4,835/yr in principal reduction. Projected total cumulative return: $274,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 4.8% |
| Monthly Cash Flow | $1,154 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,660 |
| Total Monthly Debt Service | $3,297 |
| 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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices