1273 North Avenue #3-1GNew RochelleNY10804
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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 1273 North Avenue #3-1G, New Rochelle, NY, 10804 uses $75,914 cash to close to unlock $511/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,572/mo, and a $1,121/mo payment keeps the spread at $43/mo. Purchase price stands at $229,000, and rental yield measures 8.24% with $1,572/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash records $81,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,572/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10804, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,011 (100%) |
| Owner Occupied HU | 4,485 (89.5%) |
| Renter Occupied HU | 304 ( 6.1%) |
| Vacant Housing Units | 222 ( 4.4%) |
| Median Home Value | $905,613 |
| Average Home Value | $1,003,736 |
Housing Distribution
Address Breakdown
Residential
5,148
Single Family
4,550
Multi-Family
598
Businesses
232
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Listed by: Lesley Amato • Corcoran Legends Realty
Mls Name: OneKey MLS
Mls ID: #937448