585 E 178th StBronxNY10457
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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 585 E 178th St, Bronx, NY, 10457 earns from $7,032/mo rent with a $8,443/mo payment. Total monthly income totals $7,032/mo. ROI tracks 10.74% on current figures, and rental yield reads 4.89% at a $1,725,000 purchase. Equity gained on principal adds $11,131/yr, and 5% annual appreciation supports $476,586 over five years. Five-year ROI reaches 54.2% and total cumulative return in cash sums $302,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,032/mo property income instead of your personal income.
Multi Family
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10457, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,134 (100%) |
| Owner Occupied HU | 1,737 ( 6.2%) |
| Renter Occupied HU | 24,854 (88.3%) |
| Vacant Housing Units | 1,543 ( 5.5%) |
| Median Home Value | $473,632 |
| Average Home Value | $470,488 |
Housing Distribution
Address Breakdown
Residential
26,932
Single Family
2,355
Multi-Family
24,577
Businesses
1,151
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