860 Grand #4IBronxNY10451
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
Investment Highlights
Rental property for sale in Bronx at 860 Grand #4I, Bronx, NY, 10451 priced at $235,500 converts $1,672/mo rent into $99/mo cash flow after a $1,153/mo obligation. Total monthly income equals $1,672/mo, and annual cash flow totals $1,188/yr on $78,068 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 8.52% against a $235,500 entry. Equity gained on principal adds $1,520/yr, while 5% annual appreciation compiles into $65,064 by year five. Five-year ROI reaches 111.72% and total cumulative return in cash sums $87,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,672/mo property income covering a $1,153/mo payment, not borrower’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices