1075 Grand Concourse APT 2RBronxNY10452
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
Investment property for sale in Bronx at 1075 Grand Concourse APT 2R, Bronx, NY, 10452 with 5% annual appreciation on a $579,000 basis while $6,098/mo rent supports operations. Total monthly income totals $6,098/mo and a $2,834/mo payment preserves $588/mo for cash returns. Annual cash flow comes to $7,061/yr on $190,491 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 12.64%. Five-year ROI measures 127.9% and total cumulative return in cash totals $243,643.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,098/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1928
N/A lot
$N/A/sqft
$1,643 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