1991 Broadway APT 4ANew YorkNY10023
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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
Total monthly income runs $5,456/mo, and a $3,818/mo payment. Purchase price stands at $780,000, and rental yield measures 8.39% with $5,456/mo rent. Return on cash invested shows 15.79% in year one, and 5% annual appreciation builds toward $215,500 over five years. Five-year ROI reaches 83.31% and total cumulative return in cash records $213,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,456/mo property income covering a $3,818/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,161 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
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