1011 Nelson AvenueBronxNY10452
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1011 Nelson Avenue, Bronx, NY, 10452 in Bronx at $499,900, 5.18% gross yield, is a market-growth asset. Rental yield 5.18%. The $2,159/mo rent partially funds the $2,370/mo debt service; the core return is the 5%/yr price growth projected to add $138,113 over five years. Ziffy Mortgage's DSCR mortgage (0.91) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $105,355.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.1% |
| Monthly Cash Flow | $(1,179) | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,159 |
| Total Monthly Debt Service | $3,261 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
946 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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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
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Nearby investment properties with comparable prices
