205 East 238th Street #4CBronxNY10470
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 205 East 238th Street #4C, Bronx, NY, 10470 in Bronx earns a 9.53% gross yield at $169,000. Rent of $1,342/mo nets $213/mo after the $801/mo mortgage. The 1.68 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $46,692 and $1,417/yr in equity accumulation project a total cumulative return of $75,034.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.1% |
| Monthly Cash Flow | $213 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,342 |
| Total Monthly Debt Service | $1,103 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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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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
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Nearby investment properties with comparable prices
