395 Broadway APT 8DNew 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
Investment property for sale in New York at 395 Broadway APT 8D, New York, NY, 10013 with 5% annual appreciation on a $1,950,000 basis while $14,809/mo rent supports operations. Total monthly income totals $14,809/mo and a $9,544/mo payment preserves $815/mo for cash returns. Annual cash flow comes to $9,774/yr on $631,800 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $12,583/yr, and five-year appreciation sums $538,749 alongside rental yield of 9.11%. Five-year ROI measures 114.84% and total cumulative return in cash totals $725,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $14,809/mo property income versus a $9,544/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1915
N/A lot
$N/A/sqft
$973 monthly 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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