1981 Gildersleeve AveBronxNY10473
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 1981 Gildersleeve Ave, Bronx, NY, 10473 priced at $491,000 converts $3,704/mo rent into $425/mo cash flow after a $2,403/mo obligation. Total monthly income equals $3,704/mo, and annual cash flow totals $5,105/yr on $162,767 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 9.05% against a $491,000 entry. Equity gained on principal adds $3,168/yr, while 5% annual appreciation compiles into $135,654 by year five. Five-year ROI reaches 120.31% and total cumulative return in cash sums $195,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,704/mo property income covering a $2,403/mo payment, not borrower’s personal income.
Single Family
Built in 1940
125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10473, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,362 (100%) |
| Owner Occupied HU | 5,827 (24.9%) |
| Renter Occupied HU | 16,612 (71.1%) |
| Vacant Housing Units | 923 ( 4.0%) |
| Median Home Value | $602,533 |
| Average Home Value | $617,803 |
Housing Distribution
Address Breakdown
Residential
19,923
Single Family
6,455
Multi-Family
13,468
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices