259 Balcom AveBronxNY10465
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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 259 Balcom Ave, Bronx, NY, 10465 priced at $585,000 converts $3,792/mo rent into after a $2,863/mo obligation. Total monthly income equals $3,792/mo. Return on cash invested prints 19.35% in year one, and rental yield reads 7.78% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 100.44% and total cumulative return in cash sums $193,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,792/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10465, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,694 (100%) |
| Owner Occupied HU | 8,411 (47.5%) |
| Renter Occupied HU | 8,010 (45.3%) |
| Vacant Housing Units | 1,273 ( 7.2%) |
| Median Home Value | $646,591 |
| Average Home Value | $653,537 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
10,389
Multi-Family
2,777
Businesses
617
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