2 Sadore Lane #6NYonkersNY10710
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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 2 Sadore Lane #6N, Yonkers, NY, 10710 priced at $159,000 converts $1,215/mo rent into $153/mo cash flow after a $778/mo obligation. Total monthly income equals $1,215/mo, and annual cash flow totals $1,841/yr on $52,709 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 9.17% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 122.28% and total cumulative return in cash sums $64,452. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,215/mo property income covering a $778/mo payment, not borrower’s personal income.
Condo
Built in 1956
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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