2400 Davidson Ave APT A2BronxNY10468
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
Investment property for sale in Bronx at 2400 Davidson Ave APT A2, Bronx, NY, 10468 listed at $159,000 pairs $1,231/mo rent with a $778/mo payment to leave $169/mo cash flow. Total monthly income runs $1,231/mo, and annual cash flow reaches $2,033/yr on $52,709 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 9.29% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 124.24% and total cumulative return in cash totals $65,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,231/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1923
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices