60 Knolls Cres APT 9JBronxNY10463
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 60 Knolls Cres APT 9J, Bronx, NY, 10463 in Bronx: $4,926/mo in rent, $2,238/mo net, 25.94% gross yield, all on a $227,845 acquisition. The 4.81 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $62,949 in value, and $2,098/yr in principal paydown steadily builds equity. Projected total cumulative return: $235,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 25.9% | 5.1% |
| Monthly Cash Flow | $2,238 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,926 |
| Total Monthly Debt Service | $2,597 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1953
N/A lot
$N/A/sqft
$1,166 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
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
Condo
Built in 1953
N/A lot
$N/A/sqft
$1,166 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices