321 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
Investment property for sale in Nyack at 321 S Broadway, Nyack, NY, 10960 uses $213,521 cash to close to unlock $2,827/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $4,570/mo, and a $3,177/mo payment keeps the spread at $236/mo. Purchase price stands at $649,000, and rental yield measures 8.45% with $4,570/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 111.37% and total cumulative return in cash records $237,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,570/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
0.35 Acres 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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