959 E 216th StBronxNY10469
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 959 E 216th St, Bronx, NY, 10469 in Bronx is narrow, $36/mo net on $2,480/mo rent after the $1,646/mo debt service, but the property operates at break-even-plus, not a loss. At $366,000 with a 8.13% yield, the long-run equity case via 5% appreciation ($101,119 over five years) and $3,371/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $141,905.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.1% |
| Monthly Cash Flow | $36 | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,480 |
| Total Monthly Debt Service | $2,298 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1901
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10469, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,051 (41.6%) |
| Renter Occupied HU | 12,655 (52.3%) |
| Vacant Housing Units | 1,481 ( 6.1%) |
| Median Home Value | $666,947 |
| Average Home Value | $674,169 |
Housing Distribution
Address Breakdown
Residential
18,172
Single Family
12,726
Multi-Family
5,446
Businesses
936
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
Single Family
Built in 1901
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10469, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,051 (41.6%) |
| Renter Occupied HU | 12,655 (52.3%) |
| Vacant Housing Units | 1,481 ( 6.1%) |
| Median Home Value | $666,947 |
| Average Home Value | $674,169 |
Housing Distribution
Address Breakdown
Residential
18,172
Single Family
12,726
Multi-Family
5,446
Businesses
936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices