2661 Marion Avenue #5ABronxNY10458
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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 2661 Marion Avenue #5A, Bronx, NY, 10458 uses $53,040 cash to close to unlock $2,108/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $783/mo payment keeps the spread at $176/mo. Purchase price stands at $160,000, and rental yield measures 9.33% with $1,244/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash records $66,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10458, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,326 (100%) |
| Owner Occupied HU | 1,420 ( 4.7%) |
| Renter Occupied HU | 27,011 (89.1%) |
| Vacant Housing Units | 1,895 ( 6.2%) |
| Median Home Value | $580,224 |
| Average Home Value | $605,466 |
Housing Distribution
Address Breakdown
Residential
28,546
Single Family
2,104
Multi-Family
26,442
Businesses
1,349
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