1122 Yonkers Ave APT 3BYonkersNY10704
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Yonkers rentals match the income profile of 1122 Yonkers Ave APT 3B, Yonkers, NY, 10704. Listed at $174,000, gross rent is $4,274/mo and net cash flow is $2,432/mo, a 29.48% yield well above national averages. DSCR 5.47 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $48,073 by year five with $1,603/yr in annual principal reduction, projecting $225,857 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 29.5% | 4.2% |
| Monthly Cash Flow | $2,432 | $850 |
City averages based on Yonkers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,274 |
| Total Monthly Debt Service | $1,773 |
| DSCR Ratio | 2.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$680 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10704, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,073 (100%) |
| Owner Occupied HU | 6,674 (51.1%) |
| Renter Occupied HU | 5,560 (42.5%) |
| Vacant Housing Units | 839 ( 6.4%) |
| Median Home Value | $592,583 |
| Average Home Value | $597,752 |
Housing Distribution
Address Breakdown
Residential
11,940
Single Family
7,211
Multi-Family
4,729
Businesses
1,062
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$680 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10704, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,073 (100%) |
| Owner Occupied HU | 6,674 (51.1%) |
| Renter Occupied HU | 5,560 (42.5%) |
| Vacant Housing Units | 839 ( 6.4%) |
| Median Home Value | $592,583 |
| Average Home Value | $597,752 |
Housing Distribution
Address Breakdown
Residential
11,940
Single Family
7,211
Multi-Family
4,729
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices