303 W 262nd StBronxNY10471
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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 303 W 262nd St, Bronx, NY, 10471 offers a 10.5% rental yield on a $960,000 purchase with $8,396/mo rent. Total monthly income registers $8,396/mo, and a $4,699/mo payment leaves $1,985/mo available for distribution. Annual cash flow reaches $23,820/yr on $315,840 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $6,195/yr while 5% annual appreciation supports $265,230 over five years. Portfolio math shows five-year ROI at 144.7% and total cumulative return in cash at $457,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,396/mo property income against a $4,699/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10471, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,097 (100%) |
| Owner Occupied HU | 5,269 (47.5%) |
| Renter Occupied HU | 4,914 (44.3%) |
| Vacant Housing Units | 914 ( 8.2%) |
| Median Home Value | $670,301 |
| Average Home Value | $737,539 |
Housing Distribution
Address Breakdown
Residential
9,553
Single Family
2,108
Multi-Family
7,445
Businesses
388
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