Loan Scenario:

American Heritage Lending recently funded a cash-out DSCR loan for an investor unlocking equity in a three-unit property in Staten Island, New York. The borrower owns a primary residence along with multiple investments, and used a DSCR refinance to free up capital while keeping a strong-performing multifamily asset in the portfolio.

The three-unit building appraised at $850,000, and AHL structured the cash-out refinance at a $637,500 loan amount, or 75% loan-to-value, delivered as a 40-year interest-only term and a True Zero Point loan. With a debt-service coverage ratio of 1.775, the combined rents comfortably exceeded the payment, and the interest-only structure maximized monthly cash flow, giving this investor both liquidity and flexibility.

Staten Island continues to offer some of New York City’s most attractive multifamily fundamentals, pairing relative affordability with steady tenant demand from commuters who value the borough’s space and access to Manhattan. Three-unit properties in particular remain a favorite for investors seeking scale and diversified rental income within a single asset.

If you own multifamily in the five boroughs and want to put your equity to work, AHL’s DSCR program is built for it. Start your financing in New York today.

Similar Recently Funded Case Studies: DSCR Loan in New Harford, NY  •  DSCR Loan in Poughkeepsie, NY  •  DSCR Loan in Stockton, CA

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