3681 Broadway APT 62New YorkNY10031
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3681 Broadway APT 62, New York, NY, 10031 in New York speaks for itself: 21.12% gross on a $485,000 price, generating $8,538/mo in rent and $4,498/mo in net income after the $2,181/mo debt service. DSCR 3.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $53,979 stacks alongside $133,997 in projected five-year appreciation and $4,467/yr in principal reduction. Projected total cumulative return: $477,921.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.1% | 4.8% |
| Monthly Cash Flow | $4,498 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,538 |
| Total Monthly Debt Service | $3,847 |
| DSCR Ratio | 2.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1920
N/A lot
$N/A/sqft
$801 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1920
N/A lot
$N/A/sqft
$801 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices