3 Alden Place #3ABronxvilleNY10708
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 Bronxville at 3 Alden Place #3A, Bronxville, NY, 10708 offers $6,937/mo rent that, after a $4,650/mo payment, leaves $593/mo cash flow. Total monthly income is $6,937/mo, and annual cash flow is $7,114/yr on $312,550 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.76% at a $950,000 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,467 by year five. Five-year ROI records 116.46% and total cumulative return in cash reaches $364,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,937/mo property income versus a $4,650/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10708, Bronxville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 7,502 (70.3%) |
| Renter Occupied HU | 2,458 (23.0%) |
| Vacant Housing Units | 709 ( 6.6%) |
| Median Home Value | $708,232 |
| Average Home Value | $856,008 |
Housing Distribution
Address Breakdown
Residential
9,679
Single Family
3,877
Multi-Family
5,802
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lesley Amato • Corcoran Legends Realty
Mls Name: OneKey MLS
Mls ID: #948290