4523 Broadway APT 3BNew YorkNY10040
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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 4523 Broadway APT 3B, New York, NY, 10040 at $549,000 posts ROI 20.72% with $99/mo cash flow from $4,868/mo rent. Total monthly income equals $4,868/mo, and annual cash flow records $1,187/yr on $180,621 to close. Return on cash invested measures 20.72% and rental yield reads 10.64% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 110.44% and total cumulative return in cash totals $199,472.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1951
N/A lot
$N/A/sqft
$1,103 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10040, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,674 (100%) |
| Owner Occupied HU | 1,923 (10.9%) |
| Renter Occupied HU | 14,568 (82.4%) |
| Vacant Housing Units | 1,183 ( 6.7%) |
| Median Home Value | $525,000 |
| Average Home Value | $522,291 |
Housing Distribution
Address Breakdown
Residential
16,253
Single Family
116
Multi-Family
16,137
Businesses
568
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