1017 Faile Street #1017BBronxNY10459
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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
Investment property for sale in Bronx at 1017 Faile Street #1017B, Bronx, NY, 10459 uses $95,804 cash to close to unlock $15,979/yr annual cash flow and $1,332/mo monthly cash flow. Total monthly income runs $3,262/mo, and a $1,415/mo payment keeps the spread at $1,332/mo. Purchase price stands at $289,000, and rental yield measures 13.54% with $3,262/mo rent. Return on cash invested shows 36.59% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 192.93% and total cumulative return in cash records $184,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,262/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1915
2,000 sqft lot
$N/A/sqft
No 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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