227 Newman AveBronxNY10473
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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 227 Newman Ave, Bronx, NY, 10473 earns $53/mo cash flow from $4,561/mo rent with a $3,304/mo payment. Total monthly income totals $4,561/mo, and annual cash flow totals $639/yr on $222,075 capital. ROI tracks 20.35% on current figures, and rental yield reads 8.11% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 105.82% and total cumulative return in cash sums $235,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,561/mo property income instead of your personal income.
Single Family
Built in N/A
2,785 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
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