1966 Newbold Avenue #108BronxNY10472
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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 1966 Newbold Avenue #108, Bronx, NY, 10472 earns $172/mo cash flow from $1,240/mo rent with a $783/mo payment. Total monthly income totals $1,240/mo, and annual cash flow totals $2,060/yr on $53,040 capital. ROI tracks 23.79% on current figures, and rental yield reads 9.3% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash sums $65,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,240/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10472, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,558 (100%) |
| Owner Occupied HU | 3,495 (14.2%) |
| Renter Occupied HU | 19,818 (80.7%) |
| Vacant Housing Units | 1,245 ( 5.1%) |
| Median Home Value | $670,375 |
| Average Home Value | $672,221 |
Housing Distribution
Address Breakdown
Residential
20,422
Single Family
3,992
Multi-Family
16,430
Businesses
774
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