832 E 224th StreetBronxNY10466
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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 832 E 224th Street, Bronx, NY, 10466 offers a 5.4% rental yield on a $839,800 purchase with $3,780/mo rent. 12% in year one. Equity gained on principal adds $5,419/yr while 5% annual appreciation supports $232,021 over five years. Portfolio math shows five-year ROI at 61.7% and total cumulative return in cash at $170,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,780/mo property income against a $4,110/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
2,856 sqft 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
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