1 Rivermere #1GBronxvilleNY10708
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 Bronxville at 1 Rivermere #1G, Bronxville, NY, 10708 priced at $950,000 pairs $6,937/mo rent with $593/mo cash flow after a $4,650/mo payment. Total monthly income equals $6,937/mo, and annual cash flow comes to $7,114/yr on $312,550 invested. Return on cash invested is 22.34% in year one, and rental yield stands at 8.76% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 116.46% and total cumulative return in cash reaches $364,010. For financing, Ziffy Mortgage’s DSCR program evaluates $6,937/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10708, Bronxville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 7,502 (70.3%) |
| Renter Occupied HU | 2,458 (23.0%) |
| Vacant Housing Units | 709 ( 6.6%) |
| Median Home Value | $708,232 |
| Average Home Value | $856,008 |
Housing Distribution
Address Breakdown
Residential
9,679
Single Family
3,877
Multi-Family
5,802
Businesses
585
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Listed by: Kristin S. Bischof • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls ID: #907332