1012 Faile Street #1012ABronxNY10459
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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 Bronx at 1012 Faile Street #1012A, Bronx, NY, 10459 generates $1,764/mo in rent, after a $1,248/mo payment. Total monthly income is $1,764/mo. Return on cash invested sits at 13.01% in year one, and rental yield is 8.3% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 69.37% and total cumulative return in cash sums $58,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.
Condo
Built in 1915
1,999 sqft lot
$N/A/sqft
$547 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10459, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,092 (100%) |
| Owner Occupied HU | 1,730 ( 9.1%) |
| Renter Occupied HU | 16,383 (85.8%) |
| Vacant Housing Units | 979 ( 5.1%) |
| Median Home Value | $620,737 |
| Average Home Value | $636,679 |
Housing Distribution
Address Breakdown
Residential
18,156
Single Family
2,583
Multi-Family
15,573
Businesses
950
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Listed by: Jules Zaphire • Locqube New York, Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6308234
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