261 Edwards Place, Yonkers, NY, 10703 | 5.68% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,480/mo, and a $3,597/mo payment. Purchase price stands at $735,000, and rental yield measures 5.68% with $3,480/mo rent. Return on cash invested shows 12.98% in year one, and 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 66.28% and total cumulative return in cash records $160,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,480/mo property income covering a $3,597/mo payment rather than investor’s personal income.

Multi Family

Built in 1902

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 10703, Yonkers, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,170 (100%)
Owner Occupied HU	4,103 (44.7%)
Renter Occupied HU	4,455 (48.6%)
Vacant Housing Units	612 ( 6.7%)
Median Home Value	$516,371
Average Home Value	$521,818