745 E 231 Street #1FBronxNY10466
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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 745 E 231 Street #1F, Bronx, NY, 10466 listed at $151,500 pairs $3,037/mo rent with a $742/mo payment to leave $869/mo cash flow. Total monthly income runs $3,037/mo, and annual cash flow reaches $10,426/yr on $50,222 cash to close. Return on cash invested measures 40.67% in year one, and rental yield registers 24.06% at a $151,500 basis. Equity gained on principal adds $978/yr, and annual property appreciation at 5% supports $41,857 by year five. Five-year ROI tracks 224.81% and total cumulative return in cash totals $112,905. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,037/mo property income relative to a $742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1957
N/A lot
$N/A/sqft
$1,156 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10466, Bronx, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,944
Single Family
10,058
Multi-Family
9,886
Businesses
993
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Listed by: Jennifer Jackson • VYLLA Home
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #858706
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