15 Broad St APT 904New 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
Investment property for sale in New York at 15 Broad St APT 904, New York, NY, 10005 uses $320,775 cash to close to unlock $18,327/yr annual cash flow and $1,527/mo monthly cash flow. Total monthly income runs $8,038/mo, and a $4,772/mo payment keeps the spread at $1,527/mo. Purchase price stands at $975,000, and rental yield measures 9.89% with $8,038/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 134.91% and total cumulative return in cash records $432,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,038/mo property income covering a $4,772/mo payment rather than investor’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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