5 Fordham Hill Oval APT 6A, Bronx, NY, 10468 | Equity Gain $1,065/yr

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5 Fordham Hill Oval APT 6A, Bronx, NY, 10468 | Equity Gain $1,065/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bronx at 5 Fordham Hill Oval APT 6A, Bronx, NY, 10468 generates $1,275/mo in rent, after a $808/mo payment. Total monthly income is $1,275/mo. Return on cash invested sits at -5.59% in year one, and rental yield is 9.27% on a $164,999 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,275/mo property income rather than buyer’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

$1,335 monthly HOA

More details about the property

Welcome to Fordham Hill Oval in University Heights, where opportunity awaits you. This bright and spacious one-bedroom apartment is perfect for a first-time buyer. It features a large living room, dining area, welcoming foyer, hardwood floors throughout, and plenty of natural light. The kitchen is equipped with stainless steel appliances, and the generously sized bedroom offers comfort and versatility. The apartment was freshly painted and the floors were done, With just a bit of TLC, this unit has the potential to truly shineand the seller is motivated! Located in a well-maintained, gated community, Fordham Hill Oval offers 24-hour security, video surveillance, and an array of amenities. The monthly maintenance fee includes all utilities, basic cable, Verizon internet, landscaping, and access to a full maintenance team. Residents also enjoy a fitness center, childrens playground, community room, patio seating areas, Storage lockers for rent, onsite package room, laundry rooms in every building, and two elevators per building. Additional convenience includes discounted parking at the garage across the street for Fordham Hill Oval residents. This prime location offers easy access to the Major Deegan Expressway (I-87), 4, B, D, and 1 trains, buses (#12, 10, and express lines), Metro North, Fordham University, shopping, schools, and just minutes from Manhattan, and NewYork-Presbyterian Allen Hospital. Dont miss out on this incredible opportunitycontact us today for more information or to schedule a private showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10468, Bronx, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,718 (100%)
Owner Occupied HU	2,426 ( 8.8%)
Renter Occupied HU	23,554 (85.0%)
Vacant Housing Units	1,738 ( 6.3%)
Median Home Value	$281,861
Average Home Value	$421,685