680 W 204th St APT 3ENew YorkNY10034
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 680 W 204th St APT 3E, New York, NY, 10034 in New York is narrow, $42/mo net on $3,648/mo rent after the $2,428/mo debt service, but the property operates at break-even-plus, not a loss. At $540,000 with a 8.11% yield, the long-run equity case via 5% appreciation ($149,192 over five years) and $4,973/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.50 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $208,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.8% |
| Monthly Cash Flow | $42 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,648 |
| Total Monthly Debt Service | $3,391 |
| 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 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10034, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,224 (100%) |
| Owner Occupied HU | 1,656 (10.2%) |
| Renter Occupied HU | 13,812 (85.1%) |
| Vacant Housing Units | 756 ( 4.7%) |
| Median Home Value | $542,449 |
| Average Home Value | $580,064 |
Housing Distribution
Address Breakdown
Residential
15,595
Single Family
179
Multi-Family
15,416
Businesses
770
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 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10034, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,224 (100%) |
| Owner Occupied HU | 1,656 (10.2%) |
| Renter Occupied HU | 13,812 (85.1%) |
| Vacant Housing Units | 756 ( 4.7%) |
| Median Home Value | $542,449 |
| Average Home Value | $580,064 |
Housing Distribution
Address Breakdown
Residential
15,595
Single Family
179
Multi-Family
15,416
Businesses
770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices