920 Union Avenue #ABronxNY10459
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 920 Union Avenue #A, Bronx, NY, 10459 in Bronx offers a clean, manageable entry. Rental yield 7.17%. DSCR 1.33 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $114,657 in additional property value over five years, with $3,822/yr in principal equity building ownership stake. Total projected cumulative return: $139,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.1% |
| Monthly Cash Flow | $(620) | $1,850 |
City averages based on Bronx market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,480 |
| Total Monthly Debt Service | $2,606 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10459, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,092 (100%) |
| Owner Occupied HU | 1,730 ( 9.1%) |
| Renter Occupied HU | 16,383 (85.8%) |
| Vacant Housing Units | 979 ( 5.1%) |
| Median Home Value | $620,737 |
| Average Home Value | $636,679 |
Housing Distribution
Address Breakdown
Residential
18,156
Single Family
2,583
Multi-Family
15,573
Businesses
950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10459, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,092 (100%) |
| Owner Occupied HU | 1,730 ( 9.1%) |
| Renter Occupied HU | 16,383 (85.8%) |
| Vacant Housing Units | 979 ( 5.1%) |
| Median Home Value | $620,737 |
| Average Home Value | $636,679 |
Housing Distribution
Address Breakdown
Residential
18,156
Single Family
2,583
Multi-Family
15,573
Businesses
950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices