1187 California Road #1REastchesterNY10709
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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 Eastchester at 1187 California Road #1R, Eastchester, NY, 10709 listed at $399,000 pairs $2,878/mo rent with a $1,953/mo payment to leave $213/mo cash flow. Total monthly income runs $2,878/mo, and annual cash flow reaches $2,561/yr on $132,269 cash to close. Return on cash invested measures 21.85% in year one, and rental yield registers 8.66% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 113.89% and total cumulative return in cash totals $150,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,878/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10709, Eastchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,576 (100%) |
| Owner Occupied HU | 2,589 (72.4%) |
| Renter Occupied HU | 812 (22.7%) |
| Vacant Housing Units | 175 ( 4.9%) |
| Median Home Value | $873,126 |
| Average Home Value | $917,700 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
2,417
Multi-Family
1,353
Businesses
329
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Listed by: Brian Scott • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls ID: #893104