3692 Broadway APT 43New YorkNY10031
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
Investment Highlights
Investment property for sale in New York at 3692 Broadway APT 43, New York, NY, 10031 uses $120,998 cash to close to unlock $289/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $3,230/mo, and a $1,786/mo payment keeps the spread at $24/mo. Purchase price stands at $365,000, and rental yield measures 10.62% with $3,230/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 107.55% and total cumulative return in cash records $130,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,230/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
$769 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