1300 Midland Avenue #C64BronxvilleNY10708
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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 #C64, Bronxville, NY, 10708 uses $59,670 cash to close to unlock $2,712/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $1,428/mo, and a $881/mo payment keeps the spread at $226/mo. Purchase price stands at $180,000, and rental yield measures 9.52% with $1,428/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 127.85% and total cumulative return in cash records $76,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,428/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1950
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: Eric Stein • RE/MAX Distinguished Hms.&Prop
Mls Name: OneKey MLS
Mls ID: #899942