193 Harmon AvenueNew RochelleNY10801
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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 193 Harmon Avenue, New Rochelle, NY, 10801 with 5% annual appreciation on a $799,000 basis while $8,940/mo rent supports operations. Total monthly income totals $8,940/mo and a $3,911/mo payment preserves $3,604/mo for cash returns. Annual cash flow comes to $43,249/yr on $262,871 deployed, and return on cash invested reaches 36.51% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 13.43%. Five-year ROI measures 192.51% and total cumulative return in cash totals $506,046.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,940/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10801, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,646 (100%) |
| Owner Occupied HU | 5,750 (30.8%) |
| Renter Occupied HU | 10,296 (55.2%) |
| Vacant Housing Units | 2,600 (13.9%) |
| Median Home Value | $624,380 |
| Average Home Value | $640,140 |
Housing Distribution
Address Breakdown
Residential
16,417
Single Family
7,314
Multi-Family
9,103
Businesses
1,570
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Listed by: Lisa K. Dollinger • William Raveis-New York LLC
Mls Name: OneKey MLS
Mls ID: #930093