1480 Thieriot Ave APT 2CBronxNY10460
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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 Bronx at 1480 Thieriot Ave APT 2C, Bronx, NY, 10460 offers a 24.89% rental yield on a $165,500 purchase with $3,433/mo rent. Total monthly income registers $3,433/mo, and a $810/mo payment leaves $2,328/mo available for distribution. Annual cash flow reaches $27,934/yr on $54,863 to close, and return on cash invested stands at 70.83% in year one. Equity gained on principal adds $1,068/yr while 5% annual appreciation supports $45,725 over five years. Portfolio math shows five-year ROI at 376.51% and total cumulative return in cash at $206,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,433/mo property income against a $810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10460, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,271 (100%) |
| Owner Occupied HU | 2,110 ( 8.3%) |
| Renter Occupied HU | 21,219 (84.0%) |
| Vacant Housing Units | 1,942 ( 7.7%) |
| Median Home Value | $636,538 |
| Average Home Value | $662,245 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
2,714
Multi-Family
20,424
Businesses
733
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