860 Grand Concourse APT 4NBronxNY10451
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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 860 Grand Concourse APT 4N, Bronx, NY, 10451 priced at $569,000 pairs $4,036/mo rent with after a $2,785/mo payment. Total monthly income equals $4,036/mo. Return on cash invested is 6.91% in year one, and rental yield stands at 8.51% on a $569,000 basis. Equity gained on principal adds $3,672/yr, and 5% annual appreciation accumulates to $157,204 by year five. Five-year ROI measures 39.1% and total cumulative return in cash reaches $73,187. For financing, Ziffy Mortgage’s DSCR program evaluates $4,036/mo property income against a $2,785/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1937
N/A lot
$N/A/sqft
$2,287 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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