3 Soundview StNew RochelleNY10805
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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
Investment property for sale in New Rochelle at 3 Soundview St, New Rochelle, NY, 10805 earns $1,504/mo cash flow from $6,172/mo rent with a $3,421/mo payment. Total monthly income totals $6,172/mo, and annual cash flow totals $18,053/yr on $229,971 capital. ROI tracks 27.91% on current figures, and rental yield reads 10.6% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $336,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,172/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10805, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,836 (100%) |
| Owner Occupied HU | 2,805 (35.8%) |
| Renter Occupied HU | 4,434 (56.6%) |
| Vacant Housing Units | 597 ( 7.6%) |
| Median Home Value | $651,989 |
| Average Home Value | $785,291 |
Housing Distribution
Address Breakdown
Residential
7,613
Single Family
2,313
Multi-Family
5,300
Businesses
177
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Listed by: Louis Zazzarino • ZAZZARINO LOUIS
Mls Name: NY State MLS
Mls ID: #11583049