1010 Sherman Ave APT 3HBronxNY10456
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 1010 Sherman Ave APT 3H, Bronx, NY, 10456 offers $3,541/mo rent that, after a $1,791/mo payment. Total monthly income is $3,541/mo. Return on cash invested measures 18.28% in year one, and rental yield stands at 11.61% at a $366,000 entry. Equity gained on principal adds $2,362/yr while 5% annual appreciation compounds into $101,119 by year five. Five-year ROI records 99.29% and total cumulative return in cash reaches $120,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,541/mo property income versus a $1,791/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1958
N/A lot
$N/A/sqft
$1,262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10456, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,788 (100%) |
| Owner Occupied HU | 2,328 ( 6.9%) |
| Renter Occupied HU | 29,787 (88.2%) |
| Vacant Housing Units | 1,673 ( 5.0%) |
| Median Home Value | $486,207 |
| Average Home Value | $526,873 |
Housing Distribution
Address Breakdown
Residential
31,503
Single Family
2,498
Multi-Family
29,005
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices