740 E 218th StreetBronxNY10467
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 740 E 218th Street, Bronx, NY, 10467 in Bronx deserves attention. This $474,900 property earns $4,145/mo in rent, a 10.47% gross yield, and nets $974/mo after the $2,135/mo payment. DSCR 1.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $131,206 compounds alongside $4,374/yr in yearly equity build, for a total cumulative return of $243,809.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.1% |
| Monthly Cash Flow | $974 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,145 |
| Total Monthly Debt Service | $2,982 |
| DSCR Ratio | 1.39x |
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.
Single Family
Built in 1915
2,523 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10467, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,842 (100%) |
| Owner Occupied HU | 5,107 (12.8%) |
| Renter Occupied HU | 32,580 (81.8%) |
| Vacant Housing Units | 2,155 ( 5.4%) |
| Median Home Value | $543,832 |
| Average Home Value | $505,356 |
Housing Distribution
Address Breakdown
Residential
36,836
Single Family
4,583
Multi-Family
32,253
Businesses
1,592
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
Single Family
Built in 1915
2,523 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10467, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,842 (100%) |
| Owner Occupied HU | 5,107 (12.8%) |
| Renter Occupied HU | 32,580 (81.8%) |
| Vacant Housing Units | 2,155 ( 5.4%) |
| Median Home Value | $543,832 |
| Average Home Value | $505,356 |
Housing Distribution
Address Breakdown
Residential
36,836
Single Family
4,583
Multi-Family
32,253
Businesses
1,592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices