40 Broad St #PH1FNew YorkNY10004
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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 40 Broad St #PH1F, New York, NY, 10004 at $1,589,800 posts ROI 29.07% with $3,734/mo cash flow from $16,043/mo rent. Total monthly income equals $16,043/mo, and annual cash flow records $44,806/yr on $515,095 to close. Return on cash invested measures 29.07% and rental yield reads 12.11% at the current $1,589,800. Equity gained on principal adds $10,259/yr, and 5% annual appreciation supports $439,232 by year five. Five-year ROI prints 153.95% and total cumulative return in cash totals $792,965.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $16,043/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1982
N/A lot
$N/A/sqft
$1,693 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
6
Multi-Family
2,401
Businesses
956
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