








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bronx at 2621 Palisade Ave APT 15A, Bronx, NY, 10463 offers a 6.82% rental yield on a $750,000 purchase with $4,261/mo rent. 27% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 39.01% and total cumulative return in cash at $96,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,261/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,882 monthly HOA
Neighborhood data shown for ZIP Code: 10463, Bronx, NY area.
| 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 |
Residential
29,723
Single Family
2,117
Multi-Family
27,606
Businesses
981
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Price change | $750,000 |
| 2024-09-11 | Price change | $785,000 |
| 2024-08-06 | Listed for sale | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Edward Meltser • Re/Max In The City
Mls Name: StreetEasy
Mls ID: #S1709189