941 Jerome Ave APT 11C, Bronx, NY, 10452 | $104/mo Cash Flow

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941 Jerome Ave APT 11C, Bronx, NY, 10452 | $104/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bronx at 941 Jerome Ave APT 11C, Bronx, NY, 10452 offers a 9.25% rental yield on a $100,000 purchase with $771/mo rent. Total monthly income registers $771/mo, and a $489/mo payment leaves $104/mo available for distribution. Annual cash flow reaches $1,244/yr on $33,150 to close, and return on cash invested stands at 23.66% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 123.67% and total cumulative return in cash at $40,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $771/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1927

N/A lot

$N/A/sqft

No HOA

More details about the property

Cozy studio HDFC co-op available in the Highbridge section of the Bronx and right across from Yankee Stadium & Macombs Dam Bridge, which takes you right into Manhattan. While it does need a bit of work, its a great opportunity to customize your space according to your budget & style, but one thing is for certain, this is an opportunity zone. Located in a pet-friendly and elevator building with a live-in super and porter service, 941 Jerome Avenue is ideal for buyers seeking affordability without sacrificing location. Highbridge offers immediate access to parks like Macombs Dam and Mill Pond, and you're minutes from the Bronx Terminal Market and a variety of local dining and shopping options. Owner occupancy required; no subleasing. Limited financing available. Assessment to be paid off by seller before closing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10452, Bronx, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,681 (100%)
Owner Occupied HU	910 ( 3.2%)
Renter Occupied HU	26,563 (92.6%)
Vacant Housing Units	1,208 ( 4.2%)
Median Home Value	$435,294
Average Home Value	$455,016