38 Tier StBronxNY10464
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 38 Tier St, Bronx, NY, 10464 in Bronx hard to pass up. The 12.1% gross yield on a $683,400 purchase results in $6,889/mo in rent and $2,326/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.24). Annual cash flow of $27,907, five-year appreciation of $188,811, and $6,294/yr in equity build-up combine for a projected total cumulative return of $410,255.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 5.1% |
| Monthly Cash Flow | $2,326 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,889 |
| Total Monthly Debt Service | $4,292 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10464, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,116 (50.7%) |
| Renter Occupied HU | 918 (41.7%) |
| Vacant Housing Units | 168 ( 7.6%) |
| Median Home Value | $707,046 |
| Average Home Value | $778,804 |
Housing Distribution
Address Breakdown
Residential
1,966
Single Family
1,560
Multi-Family
406
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10464, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,116 (50.7%) |
| Renter Occupied HU | 918 (41.7%) |
| Vacant Housing Units | 168 ( 7.6%) |
| Median Home Value | $707,046 |
| Average Home Value | $778,804 |
Housing Distribution
Address Breakdown
Residential
1,966
Single Family
1,560
Multi-Family
406
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices