1300 Midland Avenue #B42BronxvilleNY10708
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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 Bronxville at 1300 Midland Avenue #B42, Bronxville, NY, 10708 uses $38,123 cash to close to unlock $1,499/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $893/mo, and a $563/mo payment keeps the spread at $125/mo. Purchase price stands at $115,000, and rental yield measures 9.32% with $893/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $47,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $893/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10708, Bronxville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 7,502 (70.3%) |
| Renter Occupied HU | 2,458 (23.0%) |
| Vacant Housing Units | 709 ( 6.6%) |
| Median Home Value | $708,232 |
| Average Home Value | $856,008 |
Housing Distribution
Address Breakdown
Residential
9,679
Single Family
3,877
Multi-Family
5,802
Businesses
585
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Listed by: Nancy Rondon • RE/MAX Distinguished Hms.&Prop
Mls Name: OneKey MLS
Mls ID: #809561