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Price: $300K - 500K
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Home Type: Single Family
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$355,000  
2 bds • 1 ba • 794 sqft
1515 Metropolitan Ave APT 6F, Bronx, NY, 10462
10.3%
Gross Yield
26.5%
ROI
$3,034 /m
Est. Rent
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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 1515 Metropolitan Ave APT 6F, Bronx, NY, 10462 listed at $355,000 pairs $3,034/mo rent with a $1,738/mo payment to leave $663/mo cash flow. Total monthly income runs $3,034/mo, and annual cash flow reaches $7,955/yr on $117,683 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 10.26% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 139.73% and total cumulative return in cash totals $164,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,034/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Apartment

Built in 1941

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this exceptional two-bedroom, one-bathroom home nestled in the desirable Parkchester neighborhood of the Bronx. This thoughtfully updated residence offers the perfect blend of modern amenities and classic charm, ideal for both first-time buyers and savvy investors. The heart of the home features a COMPLETELY RENOVATED KITCHEN and BATHROOM boasting fresh countertops, updated cabinetry, and modern appliances. Adjacent to the kitchen, you'll find a spacious dining area that opens into a sun-filled living room. Oversized windows frame picturesque views of the beautifully landscaped courtyard below, creating a serene atmosphere flooded with natural light. Each of the three bedrooms provides ample space and abundant storage with generous closet configurations. The pristine full bathroom and welcoming entryway reflect the care and attention this home has received. Throughout the apartment, you'll appreciate the elegant hardwood and tile flooring that adds both durability and timeless appeal. Located in this well-established community, Unit 6F presents an outstanding opportunity for those seeking a move-in ready home or a solid addition to an investment portfolio. With its desirable location and thoughtful updates, this property promises both immediate comfort and lasting value.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)32,610 (100%)
Owner Occupied HU6,555 (20.1%)
Renter Occupied HU24,363 (74.7%)
Vacant Housing Units1,692 ( 5.2%)
Median Home Value$502,797
Average Home Value$518,304

Address Breakdown

Residential

29,637

Single Family

4,897

Multi-Family

24,740

Businesses

1,437

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
MLO
MLO
MLO
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NMLS #2625701
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Facts & Features

General Information

  • Type: Apartment
  • Year Built: 1941
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: N/A

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: N/A
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: N/A • N/A 

Mls Name:

Mls ID: #N/A

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