1348 Midland Avenue #5MBronxvilleNY10708
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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 Bronxville at 1348 Midland Avenue #5M, Bronxville, NY, 10708 generates $1,682/mo in rent and, after a $1,172/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,682/mo, and annual cash flow is $995/yr on $79,394 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.43% on a $239,500 entry. Equity gained on principal adds $1,545/yr, while 5% annual appreciation builds toward $66,169 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $87,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,682/mo property income rather than buyer’s personal income.
Condo
Built in 1937
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: Carol Conway • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls ID: #899791