20 Secor #5LYonkersNY10704
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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 20 Secor #5L, Yonkers, NY, 10704 priced at $125,000 converts $950/mo rent into $115/mo cash flow after a $612/mo obligation. Total monthly income equals $950/mo, and annual cash flow totals $1,381/yr on $41,438 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.12% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 121.47% and total cumulative return in cash sums $50,333. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $950/mo property income covering a $612/mo payment, not borrower’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10704, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,073 (100%) |
| Owner Occupied HU | 6,674 (51.1%) |
| Renter Occupied HU | 5,560 (42.5%) |
| Vacant Housing Units | 839 ( 6.4%) |
| Median Home Value | $592,583 |
| Average Home Value | $597,752 |
Housing Distribution
Address Breakdown
Residential
11,940
Single Family
7,211
Multi-Family
4,729
Businesses
1,062
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