100 W Broadway #6PLong BeachNY11561
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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
Investment Highlights
Investment property for sale in Long Beach at 100 W Broadway #6P, Long Beach, NY, 11561 listed at $929,000 pairs $5,141/mo rent with a $4,547/mo payment. Total monthly income runs $5,141/mo. Return on cash invested measures 15.89% in year one, and rental yield registers 6.64% at a $929,000 basis. Equity gained on principal adds $5,995/yr, and annual property appreciation at 5% supports $256,666 by year five. Five-year ROI tracks 81.89% and total cumulative return in cash totals $250,304. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,141/mo property income relative to a $4,547/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11561, Long Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,839 (100%) |
| Owner Occupied HU | 9,807 (52.1%) |
| Renter Occupied HU | 7,217 (38.3%) |
| Vacant Housing Units | 1,815 ( 9.6%) |
| Median Home Value | $782,079 |
| Average Home Value | $830,581 |
Housing Distribution
Address Breakdown
Residential
16,421
Single Family
10,519
Multi-Family
5,902
Businesses
857
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Listed by: Joyce Coletti • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #943670