282 Reservoir PlaceBronxNY10467
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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 282 Reservoir Place, Bronx, NY, 10467 offers $3,540/mo rent that, after a $3,783/mo payment. Total monthly income is $3,540/mo. Return on cash invested measures 12.41% in year one, and rental yield stands at 5.5% at a $772,888 entry. Equity gained on principal adds $4,987/yr while 5% annual appreciation compounds into $213,535 by year five. Five-year ROI records 63.23% and total cumulative return in cash reaches $160,792. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,540/mo property income versus a $3,783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
2,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10467, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,842 (100%) |
| Owner Occupied HU | 5,107 (12.8%) |
| Renter Occupied HU | 32,580 (81.8%) |
| Vacant Housing Units | 2,155 ( 5.4%) |
| Median Home Value | $543,832 |
| Average Home Value | $505,356 |
Housing Distribution
Address Breakdown
Residential
36,836
Single Family
4,583
Multi-Family
32,253
Businesses
1,592
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