2116 Honeywell Avenue #10BronxNY10460
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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 2116 Honeywell Avenue #10, Bronx, NY, 10460 uses $38,123 cash to close to unlock $1,139/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $863/mo, and a $563/mo payment keeps the spread at $95/mo. Purchase price stands at $115,000, and rental yield measures 9.01% with $863/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 119.48% and total cumulative return in cash records $45,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1911
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10460, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,271 (100%) |
| Owner Occupied HU | 2,110 ( 8.3%) |
| Renter Occupied HU | 21,219 (84.0%) |
| Vacant Housing Units | 1,942 ( 7.7%) |
| Median Home Value | $636,538 |
| Average Home Value | $662,245 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
2,714
Multi-Family
20,424
Businesses
733
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