201 E 238th St #2CBronxNY10470
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.72 makes 201 E 238th St #2C, Bronx, NY, 10470 in Bronx one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.27%. The 9.27% yield, 5% annual appreciation ($52,217 over five years), and $1,741/yr in principal reduction project a total cumulative return of $46,871.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.1% |
| Monthly Cash Flow | $(434) | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,460 |
| Total Monthly Debt Service | $1,819 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1954
N/A lot
$N/A/sqft
$632 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10470, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,588 (100%) |
| Owner Occupied HU | 2,094 (27.6%) |
| Renter Occupied HU | 4,923 (64.9%) |
| Vacant Housing Units | 571 ( 7.5%) |
| Median Home Value | $622,292 |
| Average Home Value | $599,358 |
Housing Distribution
Address Breakdown
Residential
5,951
Single Family
2,418
Multi-Family
3,533
Businesses
412
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 1954
N/A lot
$N/A/sqft
$632 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10470, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,588 (100%) |
| Owner Occupied HU | 2,094 (27.6%) |
| Renter Occupied HU | 4,923 (64.9%) |
| Vacant Housing Units | 571 ( 7.5%) |
| Median Home Value | $622,292 |
| Average Home Value | $599,358 |
Housing Distribution
Address Breakdown
Residential
5,951
Single Family
2,418
Multi-Family
3,533
Businesses
412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices