1946 East Tremont Avenue UNIT 5ABronxNY10462
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1946 East Tremont Avenue UNIT 5A, Bronx, NY, 10462 in Bronx speaks for itself: 24.86% gross on a $260,000 price, generating $5,386/mo in rent and $2,629/mo in net income after the $1,169/mo debt service. DSCR 4.61, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $31,552 stacks alongside $71,833 in projected five-year appreciation and $2,395/yr in principal reduction. Projected total cumulative return: $272,865.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.9% | 5.1% |
| Monthly Cash Flow | $2,629 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,386 |
| Total Monthly Debt Service | $2,653 |
| DSCR Ratio | 2.03x |
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 1941
N/A lot
$N/A/sqft
$1,020 monthly 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
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 1941
N/A lot
$N/A/sqft
$1,020 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices