1283 E 223rd St FLOOR 1BronxNY10466
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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 1283 E 223rd St FLOOR 1, Bronx, NY, 10466 generates $3,801/mo in rent, after a $5,379/mo payment. Total monthly income is $3,801/mo. Return on cash invested sits at 8.45% in year one, and rental yield is 4.15% on a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 41.95% and total cumulative return in cash sums $149,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,801/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10466, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,640 (100%) |
| Owner Occupied HU | 8,372 (31.4%) |
| Renter Occupied HU | 16,723 (62.8%) |
| Vacant Housing Units | 1,545 ( 5.8%) |
| Median Home Value | $646,683 |
| Average Home Value | $662,418 |
Housing Distribution
Address Breakdown
Residential
19,944
Single Family
10,058
Multi-Family
9,886
Businesses
993
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