60 Sutton Pl S APT 6ISNew YorkNY10022
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 60 Sutton Pl S APT 6IS, New York, NY, 10022 in New York is a conservative rental investment at $363,500. Rental yield 8.23%. A 1.45 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $100,428; $3,047/yr in principal paydown supplements. Total projected return: $54,234.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.8% |
| Monthly Cash Flow | $(1,297) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,493 |
| Total Monthly Debt Service | $3,734 |
| DSCR Ratio | 0.67x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1952
N/A lot
$N/A/sqft
$1,363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
