20 Gateway Road #82SYonkersNY10703
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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 Yonkers at 20 Gateway Road #82S, Yonkers, NY, 10703 offers a 8.39% rental yield on a $229,999 purchase with $1,608/mo rent. Total monthly income registers $1,608/mo, and a $1,126/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $862/yr on $76,245 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,544 over five years. Portfolio math shows five-year ROI at 109.55% and total cumulative return in cash at $83,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,608/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10703, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 4,103 (44.7%) |
| Renter Occupied HU | 4,455 (48.6%) |
| Vacant Housing Units | 612 ( 6.7%) |
| Median Home Value | $516,371 |
| Average Home Value | $521,818 |
Housing Distribution
Address Breakdown
Residential
7,421
Single Family
3,928
Multi-Family
3,493
Businesses
440
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