34 Metropolitan Oval APT 8CBronxNY10462
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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
Rental property for sale in Bronx at 34 Metropolitan Oval APT 8C, Bronx, NY, 10462 offers $2,515/mo rent that, after a $1,459/mo payment, leaves $525/mo cash flow. Total monthly income is $2,515/mo, and annual cash flow is $6,295/yr on $98,787 cash. Return on cash invested measures 26.28% in year one, and rental yield stands at 10.13% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 137.66% and total cumulative return in cash reaches $135,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,515/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10462, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,610 (100%) |
| Owner Occupied HU | 6,555 (20.1%) |
| Renter Occupied HU | 24,363 (74.7%) |
| Vacant Housing Units | 1,692 ( 5.2%) |
| Median Home Value | $502,797 |
| Average Home Value | $518,304 |
Housing Distribution
Address Breakdown
Residential
29,637
Single Family
4,897
Multi-Family
24,740
Businesses
1,437
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