1 Fordham Hill Oval #4DBronxNY10468
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
Investment Highlights
Rental property for sale in Bronx at 1 Fordham Hill Oval #4D, Bronx, NY, 10468 priced at $165,000 pairs $1,260/mo rent with $158/mo cash flow after a $808/mo payment. Total monthly income equals $1,260/mo, and annual cash flow comes to $1,893/yr on $54,698 invested. Return on cash invested is 23.37% in year one, and rental yield stands at 9.16% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 122.07% and total cumulative return in cash reaches $66,767. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10468, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,718 (100%) |
| Owner Occupied HU | 2,426 ( 8.8%) |
| Renter Occupied HU | 23,554 (85.0%) |
| Vacant Housing Units | 1,738 ( 6.3%) |
| Median Home Value | $281,861 |
| Average Home Value | $421,685 |
Housing Distribution
Address Breakdown
Residential
26,911
Single Family
979
Multi-Family
25,932
Businesses
912
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