874 Van Nest AveBronxNY10462
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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 874 Van Nest Ave, Bronx, NY, 10462 with 5% annual appreciation on a $849,000 basis while $6,382/mo rent supports operations. Total monthly income totals $6,382/mo and a $4,155/mo payment preserves $713/mo for cash returns. Annual cash flow comes to $8,555/yr on $279,321 deployed, and return on cash invested reaches 23.12% in year one. Equity gained on principal adds $5,478/yr, and five-year appreciation sums $234,563 alongside rental yield of 9.02%. Five-year ROI measures 120.68% and total cumulative return in cash totals $337,088.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,382/mo property income versus a $4,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,610 (100%) |
| Owner Occupied HU | 6,555 (20.1%) |
| Renter Occupied HU | 24,363 (74.7%) |
| Vacant Housing Units | 1,692 ( 5.2%) |
| Median Home Value | $502,797 |
| Average Home Value | $518,304 |
Housing Distribution
Address Breakdown
Residential
29,637
Single Family
4,897
Multi-Family
24,740
Businesses
1,437
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