18 Arden PlaceYonkersNY10701
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
Rental property for sale in Yonkers at 18 Arden Place, Yonkers, NY, 10701 priced at $910,000 converts $3,720/mo rent into after a $4,454/mo obligation. Total monthly income equals $3,720/mo. Return on cash invested prints 10.61% in year one, and rental yield reads 4.91% against a $910,000 entry. Equity gained on principal adds $5,872/yr, while 5% annual appreciation compiles into $251,416 by year five. Five-year ROI reaches 53.62% and total cumulative return in cash sums $160,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,720/mo property income covering a $4,454/mo payment, not borrower’s personal income.
Single Family
Built in 1965
4,792 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