4523 Broadway APT 7DNew 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 7D, New York, NY, 10040 listed at $360,999 pairs $3,292/mo rent with a $1,767/mo payment to leave $325/mo cash flow. Total monthly income runs $3,292/mo, and annual cash flow reaches $3,903/yr on $119,671 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 10.94% at a $360,999 basis. Equity gained on principal adds $2,329/yr, and annual property appreciation at 5% supports $99,737 by year five. Five-year ROI tracks 123.02% and total cumulative return in cash totals $147,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,292/mo property income relative to a $1,767/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1951
N/A lot
$N/A/sqft
$556 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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