15 Broad St APT 2822New YorkNY10005
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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 New York at 15 Broad St APT 2822, New York, NY, 10005 generates $4,921/mo in rent, after a $6,338/mo payment. Total monthly income is $4,921/mo. Return on cash invested sits at 9.71% in year one, and rental yield is 4.56% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 48.72% and total cumulative return in cash sums $204,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,921/mo property income rather than buyer’s personal income.
Condo
Built in 1914
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Housing Distribution
Address Breakdown
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
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