154 Ravine Avenue #3BYonkersNY10701
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 Yonkers at 154 Ravine Avenue #3B, Yonkers, NY, 10701 uses $94,478 cash to close to unlock $561/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $1,395/mo payment keeps the spread at $47/mo. Purchase price stands at $285,000, and rental yield measures 8.21% with $1,950/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash records $100,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1950
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10701, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,811 (100%) |
| Owner Occupied HU | 6,412 (21.5%) |
| Renter Occupied HU | 20,070 (67.3%) |
| Vacant Housing Units | 3,329 (11.2%) |
| Median Home Value | $553,400 |
| Average Home Value | $604,378 |
Housing Distribution
Address Breakdown
Residential
25,910
Single Family
7,211
Multi-Family
18,699
Businesses
1,561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices