3520 Tryon Ave APT 502BronxNY10467
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 3520 Tryon Ave APT 502, Bronx, NY, 10467 generates $1,383/mo in rent and, after a $881/mo payment, leaves $181/mo in cash flow. Total monthly income is $1,383/mo, and annual cash flow is $2,172/yr on $59,670 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 9.22% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 122.98% and total cumulative return in cash sums $73,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,383/mo property income rather than buyer’s personal income.
Condo
Built in 1962
N/A 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