60 Knolls Cres APT 7LBronxNY10463
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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 Bronx at 60 Knolls Cres APT 7L, Bronx, NY, 10463 generates $4,610/mo in rent and, after a $915/mo payment, leaves $2,432/mo in cash flow. Total monthly income is $4,610/mo, and annual cash flow is $29,181/yr on $61,953 invested. Return on cash invested sits at 67.01% in year one, and rental yield is 29.6% on a $186,888 entry. Equity gained on principal adds $1,206/yr, while 5% annual appreciation builds toward $51,634 over five years. Five-year ROI reaches 362.59% and total cumulative return in cash sums $224,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,610/mo property income rather than buyer’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$930 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10463, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,232 (100%) |
| Owner Occupied HU | 9,427 (29.2%) |
| Renter Occupied HU | 20,743 (64.4%) |
| Vacant Housing Units | 2,062 ( 6.4%) |
| Median Home Value | $514,647 |
| Average Home Value | $555,088 |
Housing Distribution
Address Breakdown
Residential
29,723
Single Family
2,117
Multi-Family
27,606
Businesses
981
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