








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bronx at 648 E 228th St, Bronx, NY, 10466 generates $5,903/mo in rent and, after a $4,155/mo payment, leaves $234/mo in cash flow. Total monthly income is $5,903/mo, and annual cash flow is $2,807/yr on $279,321 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 8.34% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 109.65% and total cumulative return in cash sums $306,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,903/mo property income rather than buyer’s personal income.
Multi Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10466, Bronx, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,640 (100%) |
| Owner Occupied HU | 8,372 (31.4%) |
| Renter Occupied HU | 16,723 (62.8%) |
| Vacant Housing Units | 1,545 ( 5.8%) |
| Median Home Value | $646,683 |
| Average Home Value | $662,418 |
Residential
19,944
Single Family
10,058
Multi-Family
9,886
Businesses
993
Date | Event | Price |
|---|---|---|
| 2024-05-14 | Price change | $849,000 |
| 2024-04-08 | Listed for sale | $888,000 |
| 2023-11-17 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-12 | N/A | N/A | $56,460 | 8.66% |
| 2022-08-12 | N/A | N/A | $51,960 | 14.10% |
| 2021-08-12 | N/A | N/A | $45,540 | 14.65% |



Listed by: Gabriel Kashi - Licensed Real Estate Salesperson • Keystone Realty USA Corp
Mls Name: StreetEasy
Mls ID: #1709682