2830 Briggs Ave APT 3DBronxNY10458
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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 2830 Briggs Ave APT 3D, Bronx, NY, 10458 with 5% annual appreciation on a $195,000 basis while $3,533/mo rent supports operations. Total monthly income totals $3,533/mo and a $954/mo payment preserves $1,147/mo for cash returns. Annual cash flow comes to $13,767/yr on $64,643 deployed, and return on cash invested reaches 41.21% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 21.74%. Five-year ROI measures 225.04% and total cumulative return in cash totals $145,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,533/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1955
N/A lot
$N/A/sqft
$1,084 monthly 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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