1966 Newbold Avenue #505BronxNY10472
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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
Rental property for sale in Bronx at 1966 Newbold Avenue #505, Bronx, NY, 10472 generates $1,296/mo in rent and, after a $827/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,296/mo, and annual cash flow is $2,011/yr on $56,024 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 9.2% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 122.75% and total cumulative return in cash sums $68,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,296/mo property income rather than buyer’s personal income.
Condo
Built in 1970
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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