3 Fordham Hill Oval #4ABronxNY10468
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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 3 Fordham Hill Oval #4A, Bronx, NY, 10468 uses $36,432 cash to close to unlock $1,320/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $844/mo, and a $538/mo payment keeps the spread at $110/mo. Purchase price stands at $109,900, and rental yield measures 9.22% with $844/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 123.1% and total cumulative return in cash records $44,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $844/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1950
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
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