800 Grand Concourse #3K-SBronxNY10451
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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 800 Grand Concourse #3K-S, Bronx, NY, 10451 with 5% annual appreciation on a $275,000 basis while $2,393/mo rent supports operations. 98% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 10.44%. Five-year ROI measures 61.5% and total cumulative return in cash totals $56,063. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,393/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1954
N/A lot
$N/A/sqft
$1,235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10451, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,134 (100%) |
| Owner Occupied HU | 2,593 (11.2%) |
| Renter Occupied HU | 18,764 (81.1%) |
| Vacant Housing Units | 1,777 ( 7.7%) |
| Median Home Value | $288,032 |
| Average Home Value | $343,737 |
Housing Distribution
Address Breakdown
Residential
22,465
Single Family
725
Multi-Family
21,740
Businesses
1,144
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