45 E Broadway UNIT 4Long BeachNY11561
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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 Long Beach at 45 E Broadway UNIT 4, Long Beach, NY, 11561 earns $265/mo cash flow from $5,320/mo rent with a $3,325/mo payment. Total monthly income totals $5,320/mo, and annual cash flow totals $3,175/yr on $223,490 capital. ROI tracks 21.48% on current figures, and rental yield reads 9.4% at a $679,300 purchase. Equity gained on principal adds $4,383/yr, and 5% annual appreciation supports $187,678 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash sums $252,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,320/mo property income instead of your personal income.
Condo
Built in 1996
0.34 Acres lot
$N/A/sqft
$519 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11561, Long Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,839 (100%) |
| Owner Occupied HU | 9,807 (52.1%) |
| Renter Occupied HU | 7,217 (38.3%) |
| Vacant Housing Units | 1,815 ( 9.6%) |
| Median Home Value | $782,079 |
| Average Home Value | $830,581 |
Housing Distribution
Address Breakdown
Residential
16,421
Single Family
10,519
Multi-Family
5,902
Businesses
857
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Listed by: Malissa J Gopie • RE/MAX City Square
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3581056
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