2729 Paulding Ave #2729, Bronx, NY, 10469 | $421/mo Cash Flow

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2729 Paulding Ave #2729, Bronx, NY, 10469 | $421/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Listed for sale 1 day ago

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 2729 Paulding Ave #2729, Bronx, NY, 10469 uses $192,465 cash to close to unlock $5,049/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $4,327/mo, and a $2,863/mo payment keeps the spread at $421/mo. Purchase price stands at $585,000, and rental yield measures 8.88% with $4,327/mo rent. Return on cash invested shows 22.68% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash records $227,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,327/mo property income covering a $2,863/mo payment rather than investor’s personal income.

Multi Family

Built in 1930

N/A lot

$N/A/sqft

No HOA

More details about the property

Detached Two-Family Home with Yard and Garage in Sought-After Allerton! Located on a quiet residential side street just off Allerton Avenue, 2729 Paulding Avenue is a fully detached two-family home offering a value-add opportunity and fixer-upper potential in a highly convenient Bronx location. The property is being sold strictly as-is and as-seen. The home features a front yard, fenced backyard, and garage. The existing layout includes two residential floors, each with its own kitchen and bathroom. The first floor is configured with two bedrooms and one bathroom, and the second floor includes one bedroom and one bathroom. A full basement provides additional space. The residence is not currently habitable and will require a complete gut renovation, with significant work anticipated throughout the property. Conveniently located near Allerton Avenues commercial corridor, the property offers close proximity to shopping, dining, and everyday services, while remaining set back on a quieter street. The 2 and 5 subway lines are approximately 0.5 miles away, providing convenient access to public transportation. An excellent opportunity for buyers, including investors, looking to reimagine and customize a fully detached two-family property in a well-established Bronx neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10469, Bronx, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,187 (100%)
Owner Occupied HU	10,051 (41.6%)
Renter Occupied HU	12,655 (52.3%)
Vacant Housing Units	1,481 ( 6.1%)
Median Home Value	$666,947
Average Home Value	$674,169