1050 Morris Ave FLOOR 3BronxNY10456
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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 1050 Morris Ave FLOOR 3, Bronx, NY, 10456 listed at $1,209,800 pairs $0/mo rent with a $5,921/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -4.36% in year one, and rental yield registers 0% at a $1,209,800 basis. Equity gained on principal adds $7,807/yr, and annual property appreciation at 5% supports $334,245 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $5,921/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10456, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,788 (100%) |
| Owner Occupied HU | 2,328 ( 6.9%) |
| Renter Occupied HU | 29,787 (88.2%) |
| Vacant Housing Units | 1,673 ( 5.0%) |
| Median Home Value | $486,207 |
| Average Home Value | $526,873 |
Housing Distribution
Address Breakdown
Residential
31,503
Single Family
2,498
Multi-Family
29,005
Businesses
1,057
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices