555 W 246th StBronxNY10471
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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 555 W 246th St, Bronx, NY, 10471 listed at $1,499,000 pairs $10,457/mo rent with a $7,337/mo payment to leave $447/mo cash flow. Total monthly income runs $10,457/mo, and annual cash flow reaches $5,361/yr on $485,676 cash to close. Return on cash invested measures 21.47% in year one, and rental yield registers 8.37% at a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and annual property appreciation at 5% supports $414,146 by year five. Five-year ROI tracks 111.79% and total cumulative return in cash totals $542,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $10,457/mo property income relative to a $7,337/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
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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