829 Southern Boulevard #3DBronxNY10459
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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 829 Southern Boulevard #3D, Bronx, NY, 10459 generates $964/mo in rent and, after a $587/mo payment, leaves $163/mo in cash flow. Total monthly income is $964/mo, and annual cash flow is $1,956/yr on $39,780 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.64% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $51,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $964/mo property income rather than buyer’s personal income.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10459, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,092 (100%) |
| Owner Occupied HU | 1,730 ( 9.1%) |
| Renter Occupied HU | 16,383 (85.8%) |
| Vacant Housing Units | 979 ( 5.1%) |
| Median Home Value | $620,737 |
| Average Home Value | $636,679 |
Housing Distribution
Address Breakdown
Residential
18,156
Single Family
2,583
Multi-Family
15,573
Businesses
950
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