1677 Eastburn AveBronxNY10457
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.06% gross rental yield, 1677 Eastburn Ave, Bronx, NY, 10457 in Bronx is priced for capital growth, not immediate cash flow. The $1,500,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $414,422 by year five, with $13,815/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.75) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $254,073.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 5.1% |
| Monthly Cash Flow | $(4,940) | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,077 |
| Total Monthly Debt Service | $9,420 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10457, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,134 (100%) |
| Owner Occupied HU | 1,737 ( 6.2%) |
| Renter Occupied HU | 24,854 (88.3%) |
| Vacant Housing Units | 1,543 ( 5.5%) |
| Median Home Value | $473,632 |
| Average Home Value | $470,488 |
Housing Distribution
Address Breakdown
Residential
26,932
Single Family
2,355
Multi-Family
24,577
Businesses
1,151
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
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10457, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,134 (100%) |
| Owner Occupied HU | 1,737 ( 6.2%) |
| Renter Occupied HU | 24,854 (88.3%) |
| Vacant Housing Units | 1,543 ( 5.5%) |
| Median Home Value | $473,632 |
| Average Home Value | $470,488 |
Housing Distribution
Address Breakdown
Residential
26,932
Single Family
2,355
Multi-Family
24,577
Businesses
1,151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices