5601 Riverdale Ave APT 7BBronxNY10471
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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 5601 Riverdale Ave APT 7B, Bronx, NY, 10471 generates $2,187/mo in rent, after a $1,566/mo payment. Total monthly income is $2,187/mo. Return on cash invested sits at 3.58% in year one, and rental yield is 8.2% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 22.07% and total cumulative return in cash sums $23,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,187/mo property income rather than buyer’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
$1,494 monthly 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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