570 Broome St APT 12CNew YorkNY10013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New York at 570 Broome St APT 12C, New York, NY, 10013 offers $14,984/mo rent that, after a $7,464/mo payment, leaves $3,396/mo cash flow. Total monthly income is $14,984/mo, and annual cash flow is $40,757/yr on $494,100 cash. Return on cash invested measures 28.62% in year one, and rental yield stands at 11.79% at a $1,525,000 entry. Equity gained on principal adds $9,841/yr while 5% annual appreciation compounds into $421,329 by year five. Five-year ROI records 151.34% and total cumulative return in cash reaches $747,768. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $14,984/mo property income versus a $7,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2019
N/A lot
$N/A/sqft
$1,404 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices