1989 Grand AveBronxNY10453
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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 1989 Grand Ave, Bronx, NY, 10453 earns from $6,049/mo rent with a $4,699/mo payment. Total monthly income totals $6,049/mo. ROI tracks 18.68% on current figures, and rental yield reads 7.56% at a $959,995 purchase. Equity gained on principal adds $6,195/yr, and 5% annual appreciation supports $265,229 over five years. Five-year ROI reaches 96.9% and total cumulative return in cash sums $306,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,049/mo property income instead of your personal income.
Single Family
Built in 1910
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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