565 Broadway #4FHastings On HudsonNY10706
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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
Rental property for sale in Hastings On Hudson at 565 Broadway #4F, Hastings On Hudson, NY, 10706 generates $4,560/mo in rent, after a $3,353/mo payment. Total monthly income is $4,560/mo. Return on cash invested sits at 19.98% in year one, and rental yield is 7.99% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 103.86% and total cumulative return in cash sums $234,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,560/mo property income rather than buyer’s personal income.
Condo
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10706, Hastings On Hudson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,456 (69.8%) |
| Renter Occupied HU | 839 (23.8%) |
| Vacant Housing Units | 226 ( 6.4%) |
| Median Home Value | $882,075 |
| Average Home Value | $935,080 |
Housing Distribution
Address Breakdown
Residential
3,476
Single Family
2,445
Multi-Family
1,031
Businesses
299
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Listed by: Melinda Chappelear • Corcoran Legends Realty
Mls Name: OneKey MLS
Mls ID: #949561