290 W 232nd St APT 3BBronxNY10463
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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 290 W 232nd St APT 3B, Bronx, NY, 10463 listed at $319,000 pairs $3,097/mo rent with a $1,561/mo payment to leave $104/mo cash flow. Total monthly income runs $3,097/mo, and annual cash flow reaches $1,249/yr on $105,749 cash to close. Return on cash invested measures 21.09% in year one, and rental yield registers 11.65% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 113.41% and total cumulative return in cash totals $119,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,097/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
$863 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
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