5615 Netherland Ave APT 2BBronxNY10471
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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 5615 Netherland Ave APT 2B, Bronx, NY, 10471 priced at $180,000 converts $1,450/mo rent into after a $881/mo obligation. Total monthly income equals $1,450/mo. Return on cash invested prints 5.99% in year one, and rental yield reads 9.67% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 35.7% and total cumulative return in cash sums $21,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,450/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$940 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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