2039 Continental AveBronxNY10461
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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 2039 Continental Ave, Bronx, NY, 10461 with 5% annual appreciation on a $1,093,500 basis while $4,440/mo rent supports operations. 68% in year one. Equity gained on principal adds $7,056/yr, and five-year appreciation sums $302,114 alongside rental yield of 4.87%. Five-year ROI measures 53.88% and total cumulative return in cash totals $190,903. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,440/mo property income versus a $5,352/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
1,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10461, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,628 (100%) |
| Owner Occupied HU | 5,871 (27.1%) |
| Renter Occupied HU | 14,560 (67.3%) |
| Vacant Housing Units | 1,197 ( 5.5%) |
| Median Home Value | $687,452 |
| Average Home Value | $717,539 |
Housing Distribution
Address Breakdown
Residential
18,179
Single Family
7,979
Multi-Family
10,200
Businesses
1,680
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