376 Broadway APT 7CNew YorkNY10013
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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 376 Broadway APT 7C, New York, NY, 10013 generates $5,575/mo in rent and, after a $3,573/mo payment, leaves $700/mo in cash flow. Total monthly income is $5,575/mo, and annual cash flow is $8,402/yr on $240,170 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 9.16% on a $729,999 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,685 over five years. Five-year ROI reaches 123.03% and total cumulative return in cash sums $295,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,575/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
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