266 Broadway APT B207New YorkNY10002
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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 266 Broadway APT B207, New York, NY, 10002 generates $6,114/mo in rent and, after a $4,302/mo payment, leaves $244/mo in cash flow. Total monthly income is $6,114/mo, and annual cash flow is $2,933/yr on $289,191 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 8.35% on a $879,000 entry. Equity gained on principal adds $5,672/yr, while 5% annual appreciation builds toward $242,851 over five years. Five-year ROI reaches 109.71% and total cumulative return in cash sums $317,262. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,114/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10002, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,854 (100%) |
| Owner Occupied HU | 6,264 (15.3%) |
| Renter Occupied HU | 31,158 (76.3%) |
| Vacant Housing Units | 3,432 ( 8.4%) |
| Median Home Value | $821,930 |
| Average Home Value | $952,686 |
Housing Distribution
Address Breakdown
Residential
38,568
Single Family
2,061
Multi-Family
36,507
Businesses
2,805
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