2105 Wallace Avenue #4ABronxNY10462
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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 2105 Wallace Avenue #4A, Bronx, NY, 10462 offers a 9.06% rental yield on a $149,000 purchase with $1,125/mo rent. Total monthly income registers $1,125/mo, and a $729/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,563/yr on $49,394 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 120.51% and total cumulative return in cash at $59,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,125/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,610 (100%) |
| Owner Occupied HU | 6,555 (20.1%) |
| Renter Occupied HU | 24,363 (74.7%) |
| Vacant Housing Units | 1,692 ( 5.2%) |
| Median Home Value | $502,797 |
| Average Home Value | $518,304 |
Housing Distribution
Address Breakdown
Residential
29,637
Single Family
4,897
Multi-Family
24,740
Businesses
1,437
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Listed by: Rayon Jeffrey • eXp Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #873766
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