3044 3rd Avenue #9CBronxNY10451
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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 3044 3rd Avenue #9C, Bronx, NY, 10451 uses $129,285 cash to close to unlock $138/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $2,616/mo, and a $1,909/mo payment keeps the spread at $12/mo. Purchase price stands at $390,000, and rental yield measures 8.05% with $2,616/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 104.06% and total cumulative return in cash records $134,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,616/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 2006
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10451, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,134 (100%) |
| Owner Occupied HU | 2,593 (11.2%) |
| Renter Occupied HU | 18,764 (81.1%) |
| Vacant Housing Units | 1,777 ( 7.7%) |
| Median Home Value | $288,032 |
| Average Home Value | $343,737 |
Housing Distribution
Address Breakdown
Residential
22,465
Single Family
725
Multi-Family
21,740
Businesses
1,144
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