828 Gerard Ave APT JBronxNY10451
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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 828 Gerard Ave APT J, Bronx, NY, 10451 offers $3,397/mo rent that, after a $1,395/mo payment, leaves $917/mo cash flow. Total monthly income is $3,397/mo, and annual cash flow is $11,001/yr on $94,478 cash. Return on cash invested measures 31.55% in year one, and rental yield stands at 14.3% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 168.58% and total cumulative return in cash reaches $159,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,397/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1924
N/A lot
$N/A/sqft
$577 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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