2962 Decatur Ave APT 1DBronxNY10458
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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 2962 Decatur Ave APT 1D, Bronx, NY, 10458 earns $158/mo cash flow from $1,127/mo rent with a $710/mo payment. Total monthly income totals $1,127/mo, and annual cash flow totals $1,901/yr on $48,068 capital. ROI tracks 23.86% on current figures, and rental yield reads 9.33% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 124.74% and total cumulative return in cash sums $59,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,127/mo property income instead of your personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No 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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