231 Cherry RoadYorktown HeightsNY10598
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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 Yorktown Heights at 231 Cherry Road, Yorktown Heights, NY, 10598 offers $2,125/mo rent that, after a $1,468/mo payment, leaves $122/mo cash flow. Total monthly income is $2,125/mo, and annual cash flow is $1,464/yr on $99,450 cash. Return on cash invested measures 21.38% in year one, and rental yield stands at 8.5% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 111.35% and total cumulative return in cash reaches $110,736. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,125/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10598, Yorktown Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 8,801 (84.1%) |
| Renter Occupied HU | 1,230 (11.8%) |
| Vacant Housing Units | 433 ( 4.1%) |
| Median Home Value | $620,888 |
| Average Home Value | $669,990 |
Housing Distribution
Address Breakdown
Residential
10,440
Single Family
9,433
Multi-Family
1,007
Businesses
806
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Listed by: Alexiss Hernandez • YourHomeSold Guaranteed Realty
Mls Name: OneKey MLS
Mls ID: #910338