5 Alden Place UNIT 2ABronxvilleNY10708
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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 Bronxville at 5 Alden Place UNIT 2A, Bronxville, NY, 10708 uses $239,841 cash to close to unlock $77,003/yr annual cash flow and $6,417/mo monthly cash flow. Total monthly income runs $12,988/mo, and a $3,568/mo payment keeps the spread at $6,417/mo. Purchase price stands at $729,000, and rental yield measures 21.38% with $12,988/mo rent. Return on cash invested shows 52.17% in year one, and 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 279.52% and total cumulative return in cash records $670,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,988/mo property income covering a $3,568/mo payment rather than investor’s personal income.
Condo
Built in 1935
N/A lot
$N/A/sqft
$1,703 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10708, Bronxville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 7,502 (70.3%) |
| Renter Occupied HU | 2,458 (23.0%) |
| Vacant Housing Units | 709 ( 6.6%) |
| Median Home Value | $708,232 |
| Average Home Value | $856,008 |
Housing Distribution
Address Breakdown
Residential
9,679
Single Family
3,877
Multi-Family
5,802
Businesses
585
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Listed by: Barry Kramer • BHG Real Estate Choice Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6313022
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