27 Lamar PlaceYonkersNY10710
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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 27 Lamar Place, Yonkers, NY, 10710 generates $5,110/mo in rent and, after a $3,421/mo payment, leaves $442/mo in cash flow. Total monthly income is $5,110/mo, and annual cash flow is $5,309/yr on $229,971 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 8.77% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 116.66% and total cumulative return in cash sums $268,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,110/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10710, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 7,147 (67.7%) |
| Renter Occupied HU | 2,897 (27.5%) |
| Vacant Housing Units | 506 ( 4.8%) |
| Median Home Value | $606,178 |
| Average Home Value | $602,425 |
Housing Distribution
Address Breakdown
Residential
10,433
Single Family
5,988
Multi-Family
4,445
Businesses
871
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