5247 Independence AveBronxNY10471
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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 5247 Independence Ave, Bronx, NY, 10471 projects strong ROI of 1.56%. Rental yield 1.92%. With 5% annual appreciation, the property builds $1,048,489 in value over five years. Equity growth combined delivers a projected five-year ROI of 5%, translating into $61,424 in total cumulative return on $1,229,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1853
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10471, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,097 (100%) |
| Owner Occupied HU | 5,269 (47.5%) |
| Renter Occupied HU | 4,914 (44.3%) |
| Vacant Housing Units | 914 ( 8.2%) |
| Median Home Value | $670,301 |
| Average Home Value | $737,539 |
Housing Distribution
Address Breakdown
Residential
9,553
Single Family
2,108
Multi-Family
7,445
Businesses
388
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