1 Echo Bay PlaceNew RochelleNY10805
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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 New Rochelle at 1 Echo Bay Place, New Rochelle, NY, 10805 earns from $4,651/mo rent with a $6,338/mo payment. Total monthly income totals $4,651/mo. ROI tracks 8.94% on current figures, and rental yield reads 4.31% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 44.58% and total cumulative return in cash sums $187,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,651/mo property income instead of your personal income.
Single Family
Built in 1953
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10805, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,836 (100%) |
| Owner Occupied HU | 2,805 (35.8%) |
| Renter Occupied HU | 4,434 (56.6%) |
| Vacant Housing Units | 597 ( 7.6%) |
| Median Home Value | $651,989 |
| Average Home Value | $785,291 |
Housing Distribution
Address Breakdown
Residential
7,613
Single Family
2,313
Multi-Family
5,300
Businesses
177
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Listed by: Iris Kalt • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls ID: #935793