2575 Palisade Ave APT 5-HBronxNY10463
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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 2575 Palisade Ave APT 5-H, Bronx, NY, 10463 offers $3,355/mo rent that, after a $1,334/mo payment, leaves $683/mo cash flow. Total monthly income is $3,355/mo, and annual cash flow is $8,196/yr on $90,334 cash. Return on cash invested measures 28.98% in year one, and rental yield stands at 14.77% at a $272,500 entry. Equity gained on principal adds $1,758/yr while 5% annual appreciation compounds into $75,287 by year five. Five-year ROI records 156.29% and total cumulative return in cash reaches $141,186. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,355/mo property income versus a $1,334/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1958
N/A lot
$N/A/sqft
$852 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10463, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,232 (100%) |
| Owner Occupied HU | 9,427 (29.2%) |
| Renter Occupied HU | 20,743 (64.4%) |
| Vacant Housing Units | 2,062 ( 6.4%) |
| Median Home Value | $514,647 |
| Average Home Value | $555,088 |
Housing Distribution
Address Breakdown
Residential
29,723
Single Family
2,117
Multi-Family
27,606
Businesses
981
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