870 W 181st St APT 35New YorkNY10033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 870 W 181st St APT 35, New York, NY, 10033 in New York achieves 1.82, rent of $3,407/mo covers the $1,873/mo payment 1.5x over at $395,000. Rental yield 10.35%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $109,131 over five years, with $3,311/yr in principal reduction bringing total projected return to $192,679.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.8% |
| Monthly Cash Flow | $(293) | $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 | $3,407 |
| Total Monthly Debt Service | $2,577 |
| DSCR Ratio | 1.32x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10033, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 2,458 (11.9%) |
| Renter Occupied HU | 16,834 (81.7%) |
| Vacant Housing Units | 1,305 ( 6.3%) |
| Median Home Value | $724,865 |
| Average Home Value | $860,463 |
Housing Distribution
Address Breakdown
Residential
19,434
Single Family
150
Multi-Family
19,284
Businesses
944
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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
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