1249 California Road #2EastchesterNY10709
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
Investment Highlights
Investment property for sale in Eastchester at 1249 California Road #2, Eastchester, NY, 10709 offers a 8.07% rental yield on a $349,000 purchase with $2,347/mo rent. Total monthly income registers $2,347/mo, and a $1,708/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $199/yr on $115,694 to close, and return on cash invested stands at 20.08% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 104.41% and total cumulative return in cash at $120,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,347/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1940
3,485 sqft 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: Robyn A. Rosenberg • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #885366