1560 Unionport Road #3BBronxNY10462
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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 1560 Unionport Road #3B, Bronx, NY, 10462 priced at $239,000 converts $1,645/mo rent into $49/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $585/yr on $79,229 invested. Return on cash invested prints 20.65% in year one, and rental yield reads 8.26% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 107.46% and total cumulative return in cash sums $85,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,610 (100%) |
| Owner Occupied HU | 6,555 (20.1%) |
| Renter Occupied HU | 24,363 (74.7%) |
| Vacant Housing Units | 1,692 ( 5.2%) |
| Median Home Value | $502,797 |
| Average Home Value | $518,304 |
Housing Distribution
Address Breakdown
Residential
29,637
Single Family
4,897
Multi-Family
24,740
Businesses
1,437
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