3121 Middletown Road #6HBronxNY10461
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 #6H, Bronx, NY, 10461 generates $2,160/mo in rent and, after a $1,101/mo payment, leaves $658/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $7,893/yr on $74,588 invested. Return on cash invested sits at 30.49% in year one, and rental yield is 11.52% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 160.25% and total cumulative return in cash sums $119,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/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