205 E 238th Street #1DBronxNY10470
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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
Investment Highlights
Investment property for sale in Bronx at 205 E 238th Street #1D, Bronx, NY, 10470 offers a 9.92% rental yield on a $137,000 purchase with $1,133/mo rent. Total monthly income registers $1,133/mo, and a $671/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,612/yr on $45,416 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 134.37% and total cumulative return in cash at $61,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,133/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1955
N/A lot
$N/A/sqft
No 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
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Listed by: Theresa Dolan • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6289906
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