1735 Purdy Street #2BBronxNY10462
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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 1735 Purdy Street #2B, Bronx, NY, 10462 earns $47/mo cash flow from $1,717/mo rent with a $1,224/mo payment. Total monthly income totals $1,717/mo, and annual cash flow totals $566/yr on $82,875 capital. ROI tracks 20.59% on current figures, and rental yield reads 8.24% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 107.19% and total cumulative return in cash sums $88,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,717/mo property income instead of your personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,610 (100%) |
| Owner Occupied HU | 6,555 (20.1%) |
| Renter Occupied HU | 24,363 (74.7%) |
| Vacant Housing Units | 1,692 ( 5.2%) |
| Median Home Value | $502,797 |
| Average Home Value | $518,304 |
Housing Distribution
Address Breakdown
Residential
29,637
Single Family
4,897
Multi-Family
24,740
Businesses
1,437
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