1010 Sherman Ave APT 4ABronxNY10456
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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
Investment Highlights
Investment property for sale in Bronx at 1010 Sherman Ave APT 4A, Bronx, NY, 10456 offers a 8.06% rental yield on a $299,000 purchase with $2,008/mo rent. 61% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 47.03% and total cumulative return in cash at $46,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,008/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
N/A lot
$N/A/sqft
$945 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
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