941 Jerome Ave APT 1A, Bronx, NY, 10452 | 9.08% Rental Yield

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941 Jerome Ave APT 1A, Bronx, NY, 10452 | 9.08% Rental Yield | 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

Total monthly income runs $984/mo, and a $636/mo payment. Purchase price stands at $130,000, and rental yield measures 9.08% with $984/mo rent. Return on cash invested shows 5.63% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 33.34% and total cumulative return in cash records $14,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $636/mo payment rather than investor’s personal income.

Condo

Built in 1927

N/A lot

$N/A/sqft

$629 monthly HOA

More details about the property

Charming 1-bedroom HDFC co-op located on the lower level of a well-maintained elevator building in the vibrant Highbridge section of the Bronx. This unit is a solid opportunity for a buyer with vision. With hardwood floors and a functional layout, its ready for someone to bring their style and updates to make it shine. The building is pet-friendly, features a live-in super and porter, and has a strong sense of community. Enjoy easy access to local favorites like Macombs Dam Park, Mill Pond Park, The Bronx Terminal Market, and multiple subway and bus lines. Whether youre commuting or staying local, everything you need is right nearby. Gross household income not to exceed: HHS1: $98,900, HHS2: $113,000, HHS3: $127,100.

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