2165 Matthews Ave APT 5HBronxNY10462
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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 2165 Matthews Ave APT 5H, Bronx, NY, 10462 uses $61,294 cash to close to unlock $2,763/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $905/mo payment keeps the spread at $230/mo. Purchase price stands at $184,900, and rental yield measures 9.51% with $1,465/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash records $78,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in N/A
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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