2166 Broadway APT 5E, New York, NY, 10024 | $3,902/mo Cash Flow

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2166 Broadway APT 5E, New York, NY, 10024 | $3,902/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 2166 Broadway APT 5E, New York, NY, 10024 priced at $895,000 pairs $12,862/mo rent with $3,902/mo cash flow after a $4,381/mo payment. Total monthly income equals $12,862/mo, and annual cash flow comes to $46,823/yr on $294,455 invested. Return on cash invested is 35.96% in year one, and rental yield stands at 17.25% on a $895,000 basis. Equity gained on principal adds $5,775/yr, and 5% annual appreciation accumulates to $247,272 by year five. Five-year ROI measures 193.93% and total cumulative return in cash reaches $571,046. For financing, Ziffy Mortgage’s DSCR program evaluates $12,862/mo property income against a $4,381/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

$2,983 monthly HOA

More details about the property

Introducing Apartment 5E - a 2 bedroom, 2 bathroom co-op at The Opera in the heart of the Upper West Side, at 76th and Broadway. The great room of the home features a generously sized, open kitchen equipped with ample cabinetry and an extra long island bar with seats for 4+. A flexible living area accommodates both a formal dining area, and living space with room for a full-sized sectional. The primary bedroom features an oversized walk-through dressing area and en suite bathroom. The appealing split bedroom layout of this apartment has the second full-sized bedroom on the other side of the living space, with its own full bath positioned across the hall, making it ideal for guest use while entertaining. The Opera is a well-run co-op with a 24-hour doorman/concierge service, a live-in superintendent, laundry on every floor, and bike and bin storage for rent. Pets, pied--terres, subletting, and 75% financing are permitted with board approval. You will find yourself nearly equidistant from Riverside Park and Central Park, and a quick walk to the most popular UWS attractions like the American Museum of Natural History and the Children's Museum of Manhattan. For foodies, there's a wide array of world-class dining options, and you can pick up gourmet essentials at Fairway, Citarella, and Zabar's nearby. Commuting is effortless with convenient access to the 1/2/3/B/C trains just a quick walk away, numerous bus routes, CitiBike stations, and the Henry Hudson Parkway in close proximity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10024, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	34,255 (100%)
Owner Occupied HU	10,791 (31.5%)
Renter Occupied HU	19,161 (55.9%)
Vacant Housing Units	4,303 (12.6%)
Median Home Value	$1,690,841
Average Home Value	$1,553,022