1715 Nelson Ave APT 4FBronxNY10453
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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 1715 Nelson Ave APT 4F, Bronx, NY, 10453 generates $1,329/mo in rent and, after a $822/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,329/mo, and annual cash flow is $2,489/yr on $55,692 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 9.49% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 127.5% and total cumulative return in cash sums $71,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,329/mo property income rather than buyer’s personal income.
Condo
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10453, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,935 (100%) |
| Owner Occupied HU | 1,179 ( 4.1%) |
| Renter Occupied HU | 26,559 (91.8%) |
| Vacant Housing Units | 1,197 ( 4.1%) |
| Median Home Value | $735,475 |
| Average Home Value | $817,362 |
Housing Distribution
Address Breakdown
Residential
27,765
Single Family
1,811
Multi-Family
25,954
Businesses
960
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