1855 Grand Concourse #Bst 1BronxNY10453
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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 1855 Grand Concourse #Bst 1, Bronx, NY, 10453 earns $148/mo cash flow from $1,050/mo rent with a $661/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $1,779/yr on $44,753 capital. ROI tracks 23.88% on current figures, and rental yield reads 9.33% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 124.9% and total cumulative return in cash sums $55,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10453, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,935 (100%) |
| Owner Occupied HU | 1,179 ( 4.1%) |
| Renter Occupied HU | 26,559 (91.8%) |
| Vacant Housing Units | 1,197 ( 4.1%) |
| Median Home Value | $735,475 |
| Average Home Value | $817,362 |
Housing Distribution
Address Breakdown
Residential
27,765
Single Family
1,811
Multi-Family
25,954
Businesses
960
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