1209 California Road #2REastchesterNY10709
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1209 California Road #2R, Eastchester, NY, 10709 in Eastchester: $6,720/mo in rent, $1,518/mo net, 10.35% gross yield, all on a $779,000 acquisition. The 1.92 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $215,223 in value, and $7,175/yr in principal paydown steadily builds equity. Projected total cumulative return: $394,715.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $1,518 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,720 |
| Total Monthly Debt Service | $4,892 |
| DSCR Ratio | 1.37x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: OneKey MLS as distributed by MLS GRID
Mls ID: #986128