2023 Belmont Avenue #4cBronxNY10457
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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 2023 Belmont Avenue #4c, Bronx, NY, 10457 uses $56,024 cash to close to unlock $2,239/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,315/mo, and a $827/mo payment keeps the spread at $187/mo. Purchase price stands at $169,000, and rental yield measures 9.34% with $1,315/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 124.95% and total cumulative return in cash records $70,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,315/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1912
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10457, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,134 (100%) |
| Owner Occupied HU | 1,737 ( 6.2%) |
| Renter Occupied HU | 24,854 (88.3%) |
| Vacant Housing Units | 1,543 ( 5.5%) |
| Median Home Value | $473,632 |
| Average Home Value | $470,488 |
Housing Distribution
Address Breakdown
Residential
26,932
Single Family
2,355
Multi-Family
24,577
Businesses
1,151
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