1966 Newbold Avenue #407BronxNY10472
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $157,000, 1966 Newbold Avenue #407, Bronx, NY, 10472 in Bronx generates $1,204/mo in rent (9.2% yield) but nets only $156/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.71) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $43,376. Total projected return: $69,939.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.1% |
| Monthly Cash Flow | $156 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,204 |
| Total Monthly Debt Service | $986 |
| DSCR Ratio | 1.22x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices