20 Keogh Lane #1bNew 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 20 Keogh Lane #1b, New Rochelle, NY, 10805 with 5% annual appreciation on a $269,000 basis while $1,822/mo rent supports operations. Total monthly income totals $1,822/mo and a $1,317/mo payment preserves $25/mo for cash returns. Annual cash flow comes to $303/yr on $89,174 deployed, and return on cash invested reaches 20.25% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 8.13%. Five-year ROI measures 105.35% and total cumulative return in cash totals $93,947.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,822/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1952
N/A 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: Glorianne Mattesi • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #948565