826 Leland Avenue #16CBronxNY10473
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 826 Leland Avenue #16C, Bronx, NY, 10473 in Bronx at $320,000 earns $2,437/mo in rent and nets $167/mo after the $1,439/mo payment, a 8.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $88,410 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $2,947/yr in principal paydown, total projected return reaches $111,968.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.1% |
| Monthly Cash Flow | $167 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,437 |
| Total Monthly Debt Service | $2,500 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1988
0.81 Acres lot
$N/A/sqft
$490 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
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
Townhouse
Built in 1988
0.81 Acres lot
$N/A/sqft
$490 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrian Romero • Century 21 Galvez
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6301788
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