23 Water Grant St APT 10DYonkersNY10701
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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 23 Water Grant St APT 10D, Yonkers, NY, 10701 generates $3,191/mo in rent and, after a $2,080/mo payment, leaves $353/mo in cash flow. Total monthly income is $3,191/mo, and annual cash flow is $4,237/yr on $140,888 invested. Return on cash invested sits at 22.92% in year one, and rental yield is 9.01% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash sums $168,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,191/mo property income rather than buyer’s personal income.
Apartment
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10701, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,811 (100%) |
| Owner Occupied HU | 6,412 (21.5%) |
| Renter Occupied HU | 20,070 (67.3%) |
| Vacant Housing Units | 3,329 (11.2%) |
| Median Home Value | $553,400 |
| Average Home Value | $604,378 |
Housing Distribution
Address Breakdown
Residential
25,910
Single Family
7,211
Multi-Family
18,699
Businesses
1,561
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