1075 Grand Concourse APT 1ABronxNY10452
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1075 Grand Concourse APT 1A, Bronx, NY, 10452 in Bronx carries a 1.50 coverage ratio, rent of $1,519/mo is 1.50 times the $1,012/mo payment. Rental yield 8.04%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $225,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $62,163; total projected cumulative return: $22,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.1% |
| Monthly Cash Flow | $(1,064) | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,519 |
| Total Monthly Debt Service | $2,481 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1928
N/A lot
$N/A/sqft
$1,068 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10452, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,681 (100%) |
| Owner Occupied HU | 910 ( 3.2%) |
| Renter Occupied HU | 26,563 (92.6%) |
| Vacant Housing Units | 1,208 ( 4.2%) |
| Median Home Value | $435,294 |
| Average Home Value | $455,016 |
Housing Distribution
Address Breakdown
Residential
27,638
Single Family
1,083
Multi-Family
26,555
Businesses
1,129
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
Condo
Built in 1928
N/A lot
$N/A/sqft
$1,068 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10452, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,681 (100%) |
| Owner Occupied HU | 910 ( 3.2%) |
| Renter Occupied HU | 26,563 (92.6%) |
| Vacant Housing Units | 1,208 ( 4.2%) |
| Median Home Value | $435,294 |
| Average Home Value | $455,016 |
Housing Distribution
Address Breakdown
Residential
27,638
Single Family
1,083
Multi-Family
26,555
Businesses
1,129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices