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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bronx at 241 East 234th Street, Bronx, NY, 10470 offers a 4.31% rental yield on a $869,000 purchase with $3,120/mo rent. 8% in year one. Equity gained on principal adds $5,608/yr while 5% annual appreciation supports $240,089 over five years. Portfolio math shows five-year ROI at 43.89% and total cumulative return in cash at $125,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $4,253/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1901
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10470, Bronx, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,588 (100%) |
| Owner Occupied HU | 2,094 (27.6%) |
| Renter Occupied HU | 4,923 (64.9%) |
| Vacant Housing Units | 571 ( 7.5%) |
| Median Home Value | $622,292 |
| Average Home Value | $599,358 |
Residential
5,951
Single Family
2,418
Multi-Family
3,533
Businesses
412
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Listed for sale | $869,000 |
| 2023-01-17 | Listing removed | N/A |
| 2023-01-14 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $46,680 | 3.60% |
| 2022-02-13 | N/A | N/A | $45,060 | 4.60% |
| 2021-02-13 | N/A | N/A | $43,080 | -0.83% |
Listed by: Kieran Dwyer • Double C Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #820409
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
