518 Morris ParkBronxNY10460
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
Investment Highlights
Rental property for sale in Bronx at 518 Morris Park, Bronx, NY, 10460 priced at $1,479,000 pairs $5,616/mo rent with after a $7,239/mo payment. Total monthly income equals $5,616/mo. Return on cash invested is 9.7% in year one, and rental yield stands at 4.56% on a $1,479,000 basis. Equity gained on principal adds $9,544/yr, and 5% annual appreciation accumulates to $408,620 by year five. Five-year ROI measures 48.66% and total cumulative return in cash reaches $233,178. For financing, Ziffy Mortgage’s DSCR program evaluates $5,616/mo property income against a $7,239/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10460, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,271 (100%) |
| Owner Occupied HU | 2,110 ( 8.3%) |
| Renter Occupied HU | 21,219 (84.0%) |
| Vacant Housing Units | 1,942 ( 7.7%) |
| Median Home Value | $636,538 |
| Average Home Value | $662,245 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
2,714
Multi-Family
20,424
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices