255 Bronx River Road #8JYonkersNY10704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 255 Bronx River Road #8J, Yonkers, NY, 10704 offers a 9.2% rental yield on a $175,000 purchase with $1,342/mo rent. Total monthly income registers $1,342/mo, and a $857/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,075/yr on $58,013 to close, and return on cash invested stands at 23.49% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 122.68% and total cumulative return in cash at $71,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,342/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1956
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices