Bronx, NY — $595,744 DSCR Loan on a Single-Family Rental

An investor set out to add a Bronx single-family rental to their portfolio. Conventional financing would have meant tax returns, personal income documentation, and debt-to-income limits that slow investors down and cap how many properties they can hold. Essencap qualified the loan on the property’s rental cash flow rather than the borrower’s personal income — a 30-year fixed-rate Debt Service Coverage Ratio (DSCR) loan at 75% loan-to-value for $595,744, closed in the borrower’s entity to keep the investment separate from personal assets. The purchase closed as a long-term hold, giving the investor a financed rental and room to keep scaling without personal-income limits getting in the way.