16 Wainwright Avenue #2AYonkersNY10710
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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
Rental property for sale in Yonkers at 16 Wainwright Avenue #2A, Yonkers, NY, 10710 offers $1,349/mo rent that, after a $832/mo payment, leaves $214/mo cash flow. Total monthly income is $1,349/mo, and annual cash flow is $2,566/yr on $56,355 cash. Return on cash invested measures 24.46% in year one, and rental yield stands at 9.52% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 127.91% and total cumulative return in cash reaches $72,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,349/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10710, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 7,147 (67.7%) |
| Renter Occupied HU | 2,897 (27.5%) |
| Vacant Housing Units | 506 ( 4.8%) |
| Median Home Value | $606,178 |
| Average Home Value | $602,425 |
Housing Distribution
Address Breakdown
Residential
10,433
Single Family
5,988
Multi-Family
4,445
Businesses
871
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