40 Broad St APT 20FG, New York, NY, 10004 | 3.66% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

40 Broad St APT 20FG, New York, NY, 10004 | 3.66% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
- sft

41 Stratford Ter, Cranford, NJ, 07016

Rental Income+ 1 more

4 Bed
3 Bath
2015 sft

269 87th St, Brooklyn, NY, 11209

Investment Property+ 2 more

11 Bed
6 Bath
5625 sft

324 91st St APT 1, Brooklyn, NY, 11209

3 Bed
3 Bath
2037 sft

22 Harbour Ct, Staten Island, NY, 10308

Nearby investment properties with comparable prices

4 Bed
4 Bath
- sft

75 Countryside Dr, Summit, NJ, 07901

Rental Income+ 1 more

6 Bed
6 Bath
3532 sft

192 Mason Blvd, Staten Island, NY, 10309

5 Bed
7 Bath
- sft

2430 Mountain Ave, Scotch Plains, NJ, 07076

5 Bed
3 Bath
- sft

204 S Euclid Ave, Westfield, NJ, 07090

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in New York at 40 Broad St APT 20FG, New York, NY, 10004 generates $4,865/mo in rent, after a $7,807/mo payment. Total monthly income is $4,865/mo. Return on cash invested sits at 6.93% in year one, and rental yield is 3.66% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 33.82% and total cumulative return in cash sums $174,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,865/mo property income rather than buyer’s personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

This exquisite 1,500-square-foot residence features two bedrooms and two and a half baths, boasting captivating decor and inviting spaces for entertainment. The well-designed split floorplan ensures privacy for occupants while providing expansive living and dining areas, ideal for hosting gatherings with loved ones. Both bedrooms are generously proportioned and offer ample closet space, with the primary bedroom featuring a custom-designed walk-in closet. The en-suite bathrooms exude luxury, showcasing a lavish rain shower and a spa-like bathtub. The kitchen showcases top-of-the-line Miele appliances, perfect for culinary enthusiasts. Its elegant black granite countertops and backsplashes elegantly complement the magnificent mahogany cabinetry. All cabinets are equipped with stainless-steel bar-pull hardware, featuring seamless self-closing mechanisms, including the dishwasher. Additional features include in-unit laundry, lofty 10'3" high ceilings, oversized windows allowing ample natural light, and remarkable storage solutions. Brazilian walnut floors are tastefully accented with a black granite border, adding a touch of sophistication throughout the space. Sale subject to bankruptcy court approval and over bid.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10004, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,589 (100%)
Owner Occupied HU	383 (14.8%)
Renter Occupied HU	1,792 (69.2%)
Vacant Housing Units	414 (16.0%)
Median Home Value	$1,496,988
Average Home Value	$1,488,773