89 Park DrBronxNY10464
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
Investment property for sale in Bronx at 89 Park Dr, Bronx, NY, 10464 with 5% annual appreciation on a $1,938,500 basis while $7,572/mo rent supports operations. 1% in year one. Equity gained on principal adds $12,509/yr, and five-year appreciation sums $535,572 alongside rental yield of 4.69%. Five-year ROI measures 50.82% and total cumulative return in cash totals $319,219. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,572/mo property income versus a $9,488/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1901
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10464, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,116 (50.7%) |
| Renter Occupied HU | 918 (41.7%) |
| Vacant Housing Units | 168 ( 7.6%) |
| Median Home Value | $707,046 |
| Average Home Value | $778,804 |
Housing Distribution
Address Breakdown
Residential
1,966
Single Family
1,560
Multi-Family
406
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices