1501 Teller AveBronxNY10457
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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 1501 Teller Ave, Bronx, NY, 10457 priced at $1,297,500 converts $4,642/mo rent into after a $6,351/mo obligation. Total monthly income equals $4,642/mo. Return on cash invested prints 8.89% in year one, and rental yield reads 4.29% against a $1,297,500 entry. Equity gained on principal adds $8,373/yr, while 5% annual appreciation compiles into $358,475 by year five. Five-year ROI reaches 44.3% and total cumulative return in cash sums $186,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,642/mo property income covering a $6,351/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10457, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,134 (100%) |
| Owner Occupied HU | 1,737 ( 6.2%) |
| Renter Occupied HU | 24,854 (88.3%) |
| Vacant Housing Units | 1,543 ( 5.5%) |
| Median Home Value | $473,632 |
| Average Home Value | $470,488 |
Housing Distribution
Address Breakdown
Residential
26,932
Single Family
2,355
Multi-Family
24,577
Businesses
1,151
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