164 Church Street #1HNew RochelleNY10805
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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 164 Church Street #1H, New Rochelle, NY, 10805 uses $65,637 cash to close to unlock $25,175/yr annual cash flow and $2,098/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $969/mo payment keeps the spread at $2,098/mo. Purchase price stands at $198,000, and rental yield measures 20.73% with $3,420/mo rent. Return on cash invested shows 58.26% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 309.18% and total cumulative return in cash records $202,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1957
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10805, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,836 (100%) |
| Owner Occupied HU | 2,805 (35.8%) |
| Renter Occupied HU | 4,434 (56.6%) |
| Vacant Housing Units | 597 ( 7.6%) |
| Median Home Value | $651,989 |
| Average Home Value | $785,291 |
Housing Distribution
Address Breakdown
Residential
7,613
Single Family
2,313
Multi-Family
5,300
Businesses
177
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Listed by: Zorica Poljak • eXp Realty
Mls Name: OneKey MLS
Mls ID: #890769