907 Summit AvenueBronxNY10452
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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 907 Summit Avenue, Bronx, NY, 10452 generates $2,159/mo in rent, after a $6,730/mo payment. Total monthly income is $2,159/mo. Return on cash invested sits at 1.45% in year one, and rental yield is 1.88% on a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 4.43% and total cumulative return in cash sums $19,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,159/mo property income rather than buyer’s personal income.
Multi Family
Built in 1905
2,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10452, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,681 (100%) |
| Owner Occupied HU | 910 ( 3.2%) |
| Renter Occupied HU | 26,563 (92.6%) |
| Vacant Housing Units | 1,208 ( 4.2%) |
| Median Home Value | $435,294 |
| Average Home Value | $455,016 |
Housing Distribution
Address Breakdown
Residential
27,638
Single Family
1,083
Multi-Family
26,555
Businesses
1,129
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