3121 middletown Road #4KBronxNY10461
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 3121 middletown Road #4K, Bronx, NY, 10461 generates $2,970/mo in rent and, after a $1,591/mo payment, leaves $799/mo in cash flow. Total monthly income is $2,970/mo, and annual cash flow is $9,593/yr on $107,738 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.97% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 151.26% and total cumulative return in cash sums $162,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,970/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10461, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,628 (100%) |
| Owner Occupied HU | 5,871 (27.1%) |
| Renter Occupied HU | 14,560 (67.3%) |
| Vacant Housing Units | 1,197 ( 5.5%) |
| Median Home Value | $687,452 |
| Average Home Value | $717,539 |
Housing Distribution
Address Breakdown
Residential
18,179
Single Family
7,979
Multi-Family
10,200
Businesses
1,680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices