1309 Seneca AvenueBronxNY10474
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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 1309 Seneca Avenue, Bronx, NY, 10474 offers a 3.06% rental yield on a $1,299,000 purchase with $3,314/mo rent. 09% in year one. Equity gained on principal adds $8,382/yr while 5% annual appreciation supports $358,890 over five years. Portfolio math shows five-year ROI at 23.91% and total cumulative return in cash at $100,645. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,314/mo property income against a $6,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10474, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,238 (100%) |
| Owner Occupied HU | 333 ( 7.9%) |
| Renter Occupied HU | 3,676 (86.7%) |
| Vacant Housing Units | 229 ( 5.4%) |
| Median Home Value | $567,748 |
| Average Home Value | $543,287 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
507
Multi-Family
3,404
Businesses
951
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