176 Broadway APT 15ANew YorkNY10038
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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 176 Broadway APT 15A, New York, NY, 10038 offers $12,914/mo rent that, after a $9,676/mo payment. Total monthly income is $12,914/mo. Return on cash invested measures 10.39% in year one, and rental yield stands at 7.84% at a $1,977,000 entry. Equity gained on principal adds $12,757/yr while 5% annual appreciation compounds into $546,209 by year five. Five-year ROI records 55.79% and total cumulative return in cash reaches $357,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $12,914/mo property income versus a $9,676/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1927
N/A lot
$N/A/sqft
$5,038 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10038, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,600 (100%) |
| Owner Occupied HU | 2,863 (21.1%) |
| Renter Occupied HU | 8,937 (65.7%) |
| Vacant Housing Units | 1,800 (13.2%) |
| Median Home Value | $894,071 |
| Average Home Value | $1,101,949 |
Housing Distribution
Address Breakdown
Residential
13,418
Single Family
55
Multi-Family
13,363
Businesses
1,334
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