2630 Kingsbridge Ter APT 2BBronxNY10463
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2630 Kingsbridge Ter APT 2B, Bronx, NY, 10463 in Bronx. Priced at $169,500, it generates $3,732/mo in gross rent and $1,678/mo in net monthly cash flow, a 26.42% yield that comfortably supports the 4.90 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $20,137. Five-year appreciation: $46,830. Equity from principal paydown: $1,561/yr. Total projected cumulative return: $176,667.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.4% | 5.1% |
| Monthly Cash Flow | $1,678 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,732 |
| Total Monthly Debt Service | $1,986 |
| DSCR Ratio | 1.88x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1955
N/A lot
$N/A/sqft
$922 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10463, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,232 (100%) |
| Owner Occupied HU | 9,427 (29.2%) |
| Renter Occupied HU | 20,743 (64.4%) |
| Vacant Housing Units | 2,062 ( 6.4%) |
| Median Home Value | $514,647 |
| Average Home Value | $555,088 |
Housing Distribution
Address Breakdown
Residential
29,723
Single Family
2,117
Multi-Family
27,606
Businesses
981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1955
N/A lot
$N/A/sqft
$922 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10463, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,232 (100%) |
| Owner Occupied HU | 9,427 (29.2%) |
| Renter Occupied HU | 20,743 (64.4%) |
| Vacant Housing Units | 2,062 ( 6.4%) |
| Median Home Value | $514,647 |
| Average Home Value | $555,088 |
Housing Distribution
Address Breakdown
Residential
29,723
Single Family
2,117
Multi-Family
27,606
Businesses
981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices