16 Tier StBronxNY10464
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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 16 Tier St, Bronx, NY, 10464 with 5% annual appreciation on a $1,348,000 basis while $10,961/mo rent supports operations. Total monthly income totals $10,961/mo and a $6,598/mo payment preserves $1,959/mo for cash returns. Annual cash flow comes to $23,509/yr on $436,752 deployed, and return on cash invested reaches 25.75% in year one. Equity gained on principal adds $8,698/yr, and five-year appreciation sums $372,428 alongside rental yield of 9.76%. Five-year ROI measures 134.75% and total cumulative return in cash totals $588,505.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,961/mo property income versus a $6,598/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10464, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,116 (50.7%) |
| Renter Occupied HU | 918 (41.7%) |
| Vacant Housing Units | 168 ( 7.6%) |
| Median Home Value | $707,046 |
| Average Home Value | $778,804 |
Housing Distribution
Address Breakdown
Residential
1,966
Single Family
1,560
Multi-Family
406
Businesses
220
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