753 E 224th St #AllBronxNY10466
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 753 E 224th St #All, Bronx, NY, 10466 in Bronx. At $649,500 it earns $4,710/mo in rent and distributes $373/mo to the owner after the $2,921/mo payment, a consistent 8.7% yield. DSCR 1.61 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $179,445 in value; $5,982/yr in principal paydown compounds ownership stake. Total projected return: $271,623.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.1% |
| Monthly Cash Flow | $373 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,710 |
| Total Monthly Debt Service | $4,079 |
| DSCR Ratio | 1.15x |
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.
Apartment
Built in 1930
N/A lot
$N/A/sqft
No 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
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
Apartment
Built in 1930
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices