3007 Barker AveBronxNY10467
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 3007 Barker Ave, Bronx, NY, 10467 generates $3,443/mo in rent, after a $5,873/mo payment. Total monthly income is $3,443/mo. Return on cash invested sits at 6.26% in year one, and rental yield is 3.44% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 30.23% and total cumulative return in cash sums $117,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,443/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
2,131 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10467, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,842 (100%) |
| Owner Occupied HU | 5,107 (12.8%) |
| Renter Occupied HU | 32,580 (81.8%) |
| Vacant Housing Units | 2,155 ( 5.4%) |
| Median Home Value | $543,832 |
| Average Home Value | $505,356 |
Housing Distribution
Address Breakdown
Residential
36,836
Single Family
4,583
Multi-Family
32,253
Businesses
1,592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices