9 Fordham Hill Oval #14BBronxNY10468
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 9 Fordham Hill Oval #14B, Bronx, NY, 10468 generates $2,686/mo in rent and, after a $1,359/mo payment, leaves $832/mo in cash flow. Total monthly income is $2,686/mo, and annual cash flow is $9,981/yr on $92,058 invested. Return on cash invested sits at 30.75% in year one, and rental yield is 11.61% on a $277,700 entry. Equity gained on principal adds $1,792/yr, while 5% annual appreciation builds toward $76,723 over five years. Five-year ROI reaches 161.62% and total cumulative return in cash sums $148,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,686/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
26,911
Single Family
979
Multi-Family
25,932
Businesses
912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices