873 Elsmere PlaceBronxNY10460
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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
Total monthly income runs $3,000/mo, and a $5,824/mo payment. Purchase price stands at $1,190,000, and rental yield measures 3.03% with $3,000/mo rent. Return on cash invested shows 4.98% in year one, and 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 23.32% and total cumulative return in cash records $89,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $5,824/mo payment rather than investor’s personal income.
Multi Family
Built in 2006
1,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10460, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,271 (100%) |
| Owner Occupied HU | 2,110 ( 8.3%) |
| Renter Occupied HU | 21,219 (84.0%) |
| Vacant Housing Units | 1,942 ( 7.7%) |
| Median Home Value | $636,538 |
| Average Home Value | $662,245 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
2,714
Multi-Family
20,424
Businesses
733
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