163D Edgwater #DBronxNY10465
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 163D Edgwater #D, Bronx, NY, 10465 in Bronx deserves attention. This $509,000 property earns $4,260/mo in rent, a 10.04% gross yield, and nets $861/mo after the $2,289/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $140,627 compounds alongside $4,688/yr in yearly equity build, for a total cumulative return of $249,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.1% |
| Monthly Cash Flow | $861 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,260 |
| Total Monthly Debt Service | $3,197 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1988
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1988
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices