212 E Tremont Ave APT 8BronxNY10457
Nearby investment properties with comparable rents
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
Rental property for sale in Bronx at 212 E Tremont Ave APT 8, Bronx, NY, 10457 generates $1,293/mo in rent, after a $827/mo payment. Total monthly income is $1,293/mo. Return on cash invested sits at 6.02% in year one, and rental yield is 9.18% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 35.36% and total cumulative return in cash sums $19,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,293/mo property income rather than buyer’s personal income.
Condo
Built in 1912
N/A lot
$N/A/sqft
$813 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices