3806 Laconia AveBronxNY10469
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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 3806 Laconia Ave, Bronx, NY, 10469 generates $7,367/mo in rent and, after a $3,524/mo payment, leaves $2,559/mo in cash flow. Total monthly income is $7,367/mo, and annual cash flow is $30,708/yr on $236,880 invested. Return on cash invested sits at 33.02% in year one, and rental yield is 12.28% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 173.78% and total cumulative return in cash sums $411,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,367/mo property income rather than buyer’s personal income.
Multi Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10469, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,051 (41.6%) |
| Renter Occupied HU | 12,655 (52.3%) |
| Vacant Housing Units | 1,481 ( 6.1%) |
| Median Home Value | $666,947 |
| Average Home Value | $674,169 |
Housing Distribution
Address Breakdown
Residential
18,172
Single Family
12,726
Multi-Family
5,446
Businesses
936
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