9 Fordham Hill Oval #3CBronxNY10468
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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
Investment property for sale in Bronx at 9 Fordham Hill Oval #3C, Bronx, NY, 10468 with 5% annual appreciation on a $235,500 basis while $1,692/mo rent supports operations. Total monthly income totals $1,692/mo and a $1,153/mo payment preserves $119/mo for cash returns. Annual cash flow comes to $1,428/yr on $78,068 deployed, and return on cash invested reaches 21.74% in year one. Equity gained on principal adds $1,520/yr, and five-year appreciation sums $65,064 alongside rental yield of 8.62%. Five-year ROI measures 113.37% and total cumulative return in cash totals $88,505.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,692/mo property income versus a $1,153/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1950
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
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