162 S BroadwayNyackNY10960
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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 Nyack at 162 S Broadway, Nyack, NY, 10960 priced at $1,199,000 pairs $6,475/mo rent with after a $5,869/mo payment. Total monthly income equals $6,475/mo. Return on cash invested is 15.64% in year one, and rental yield stands at 6.48% on a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and 5% annual appreciation accumulates to $331,262 by year five. Five-year ROI measures 80.49% and total cumulative return in cash reaches $312,681. For financing, Ziffy Mortgage’s DSCR program evaluates $6,475/mo property income against a $5,869/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1905
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10960, Nyack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,008 (100%) |
| Owner Occupied HU | 3,178 (45.3%) |
| Renter Occupied HU | 3,277 (46.8%) |
| Vacant Housing Units | 553 ( 7.9%) |
| Median Home Value | $784,011 |
| Average Home Value | $864,261 |
Housing Distribution
Address Breakdown
Residential
6,394
Single Family
4,786
Multi-Family
1,608
Businesses
825
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