13B Edgewater Park #13BBronxNY10465
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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 13B Edgewater Park #13B, Bronx, NY, 10465 generates $1,186/mo in rent and, after a $734/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,186/mo, and annual cash flow is $2,214/yr on $49,725 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 9.49% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 127.41% and total cumulative return in cash sums $63,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,186/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10465, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,694 (100%) |
| Owner Occupied HU | 8,411 (47.5%) |
| Renter Occupied HU | 8,010 (45.3%) |
| Vacant Housing Units | 1,273 ( 7.2%) |
| Median Home Value | $646,591 |
| Average Home Value | $653,537 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
10,389
Multi-Family
2,777
Businesses
617
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