1 Fordham Hill Oval APT 4E, Bronx, NY, 10468 | $123/mo Cash Flow

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1 Fordham Hill Oval APT 4E, Bronx, NY, 10468 | $123/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 1 Fordham Hill Oval APT 4E, Bronx, NY, 10468 with 5% annual appreciation on a $140,000 basis while $1,058/mo rent supports operations. Total monthly income totals $1,058/mo and a $685/mo payment preserves $123/mo for cash returns. Annual cash flow comes to $1,480/yr on $46,410 deployed, and return on cash invested reaches 23.1% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.07%. Five-year ROI measures 120.64% and total cumulative return in cash totals $55,990.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,058/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1950

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious one-bedroom apartment in the desirable Fordham Hill Oval complex. This home is in original condition, offering plenty of potential for updates and personal touches. Large windows bring in great natural light, and the layout provides comfortable living with good storage.

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