2456 Morgan AveBronxNY10469
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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 2456 Morgan Ave, Bronx, NY, 10469 with 5% annual appreciation on a $749,000 basis while $4,558/mo rent supports operations. 9% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 7.3%. Five-year ROI measures 92.69% and total cumulative return in cash totals $228,412. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,558/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10469, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,051 (41.6%) |
| Renter Occupied HU | 12,655 (52.3%) |
| Vacant Housing Units | 1,481 ( 6.1%) |
| Median Home Value | $666,947 |
| Average Home Value | $674,169 |
Housing Distribution
Address Breakdown
Residential
18,172
Single Family
12,726
Multi-Family
5,446
Businesses
936
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