120 N Broadway #21DIrvingtonNY10533
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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
Rental property for sale in Irvington at 120 N Broadway #21D, Irvington, NY, 10533 generates $2,280/mo in rent and, after a $1,591/mo payment, leaves $109/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $1,313/yr on $107,738 invested. Return on cash invested sits at 21.13% in year one, and rental yield is 8.42% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 110.03% and total cumulative return in cash sums $118,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Condo
Built in 1951
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10533, Irvington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,075 (100%) |
| Owner Occupied HU | 2,153 (70.0%) |
| Renter Occupied HU | 731 (23.8%) |
| Vacant Housing Units | 191 ( 6.2%) |
| Median Home Value | $999,786 |
| Average Home Value | $1,164,497 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,451
Multi-Family
472
Businesses
285
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