50 Louisiana Avenue #9RBronxvilleNY10708
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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
Rental property for sale in Bronxville at 50 Louisiana Avenue #9R, Bronxville, NY, 10708 offers $3,789/mo rent that, after a $2,932/mo payment. Total monthly income is $3,789/mo. Return on cash invested measures 18.77% in year one, and rental yield stands at 7.59% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 97.37% and total cumulative return in cash reaches $191,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,789/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1967
871 sqft lot
$N/A/sqft
No 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: Michele K. Lasich-Pagnotta • Houlihan & O'Malley R. E. Serv
Mls Name: OneKey MLS
Mls ID: #859422