241 Surf Dr #169BronxNY10473
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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
Rental property for sale in Bronx at 241 Surf Dr #169, Bronx, NY, 10473 generates $4,730/mo in rent and, after a $1,963/mo payment, leaves $2,052/mo in cash flow. Total monthly income is $4,730/mo, and annual cash flow is $24,623/yr on $132,932 invested. Return on cash invested sits at 38.43% in year one, and rental yield is 14.15% on a $401,000 entry. Equity gained on principal adds $2,588/yr, while 5% annual appreciation builds toward $110,789 over five years. Five-year ROI reaches 202.81% and total cumulative return in cash sums $269,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,730/mo property income rather than buyer’s personal income.
Condo
Built in 2007
435.60 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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