85 W Broadway APT 10ENew YorkNY10007
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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 New York at 85 W Broadway APT 10E, New York, NY, 10007 offers $4,965/mo rent that, after a $4,870/mo payment. Total monthly income is $4,965/mo. Return on cash invested measures 9.74% in year one, and rental yield stands at 5.99% at a $995,000 entry. Equity gained on principal adds $6,421/yr while 5% annual appreciation compounds into $274,900 by year five. Five-year ROI records 50.45% and total cumulative return in cash reaches $165,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,965/mo property income versus a $4,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2007
N/A lot
$N/A/sqft
$1,135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10007, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,044 (100%) |
| Owner Occupied HU | 1,410 (28.0%) |
| Renter Occupied HU | 3,001 (59.5%) |
| Vacant Housing Units | 633 (12.5%) |
| Median Home Value | $1,607,143 |
| Average Home Value | $1,583,307 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
14
Multi-Family
4,075
Businesses
1,149
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