163 Surf DriveBronxNY10473
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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 163 Surf Drive, Bronx, NY, 10473 uses $184,240 cash to close to unlock $6,556/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $4,286/mo, and a $2,741/mo payment keeps the spread at $546/mo. Purchase price stands at $560,000, and rental yield measures 9.18% with $4,286/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $227,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,286/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
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