650 City Island AveBronxNY10464
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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 650 City Island Ave, Bronx, NY, 10464 priced at $1,300,000 converts $5,348/mo rent into after a $6,363/mo obligation. Total monthly income equals $5,348/mo. Return on cash invested prints 10.87% in year one, and rental yield reads 4.94% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 54.94% and total cumulative return in cash sums $231,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,348/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1910
8,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10464, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,116 (50.7%) |
| Renter Occupied HU | 918 (41.7%) |
| Vacant Housing Units | 168 ( 7.6%) |
| Median Home Value | $707,046 |
| Average Home Value | $778,804 |
Housing Distribution
Address Breakdown
Residential
1,966
Single Family
1,560
Multi-Family
406
Businesses
220
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