800 Grand Concourse APT GKNBronxNY10451
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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
Rental property for sale in Bronx at 800 Grand Concourse APT GKN, Bronx, NY, 10451 priced at $385,000 converts $3,513/mo rent into after a $1,884/mo obligation. Total monthly income equals $3,513/mo. Return on cash invested prints 15.59% in year one, and rental yield reads 10.95% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 85.1% and total cumulative return in cash sums $108,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,513/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
$1,402 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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