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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 661 E 228th Street, Bronx, NY, 10466 generates $4,440/mo in rent and, after a $2,203/mo payment, leaves $1,435/mo in cash flow. Total monthly income is $4,440/mo, and annual cash flow is $17,214/yr on $149,175 invested. Return on cash invested sits at 31.45% in year one, and rental yield is 11.84% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 165.37% and total cumulative return in cash sums $246,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,861 sqft 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 |
|---|---|---|
| 2025-04-22 | Price change | $450,000 |
| 2024-07-25 | Pending sale | $459,000 |
| 2024-07-08 | Listed for sale | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $5518.00 | N/A | $37,500 | 10.04% |
| 2022-04-23 | N/A | N/A | $34,080 | 10.72% |
| 2021-04-23 | N/A | N/A | $30,780 | 15.54% |
What's Special
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Listed by: Janet L. Blake • JonarBri Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #839754
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
