618 Harding ParkBronxNY10473
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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 618 Harding Park, Bronx, NY, 10473 uses $117,683 cash to close to unlock $407/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,738/mo payment keeps the spread at $34/mo. Purchase price stands at $355,000, and rental yield measures 8.13% with $2,405/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 105.32% and total cumulative return in cash records $123,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1945
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
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