2469 Hoffman St #1-3BronxNY10458
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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 2469 Hoffman St #1-3, Bronx, NY, 10458 listed at $970,000 pairs $2,591/mo rent with a $4,748/mo payment. Total monthly income runs $2,591/mo. Return on cash invested measures 5.44% in year one, and rental yield registers 3.21% at a $970,000 basis. Equity gained on principal adds $6,259/yr, and annual property appreciation at 5% supports $267,993 by year five. Five-year ROI tracks 25.9% and total cumulative return in cash totals $82,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,591/mo property income relative to a $4,748/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10458, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,326 (100%) |
| Owner Occupied HU | 1,420 ( 4.7%) |
| Renter Occupied HU | 27,011 (89.1%) |
| Vacant Housing Units | 1,895 ( 6.2%) |
| Median Home Value | $580,224 |
| Average Home Value | $605,466 |
Housing Distribution
Address Breakdown
Residential
28,546
Single Family
2,104
Multi-Family
26,442
Businesses
1,349
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