1616 Library AveBronxNY10465
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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 1616 Library Ave, Bronx, NY, 10465 listed at $975,000 pairs $4,895/mo rent with a $4,772/mo payment. Total monthly income runs $4,895/mo. Return on cash invested measures 14.02% in year one, and rental yield registers 6.02% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 71.86% and total cumulative return in cash totals $230,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,895/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1925
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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