308 5th AvenueNew RochelleNY10801
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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
Total monthly income runs $6,306/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 6.58% with $6,306/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 82.15% and total cumulative return in cash records $306,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,306/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10801, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,646 (100%) |
| Owner Occupied HU | 5,750 (30.8%) |
| Renter Occupied HU | 10,296 (55.2%) |
| Vacant Housing Units | 2,600 (13.9%) |
| Median Home Value | $624,380 |
| Average Home Value | $640,140 |
Housing Distribution
Address Breakdown
Residential
16,417
Single Family
7,314
Multi-Family
9,103
Businesses
1,570
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Listed by: Joseph Lukic • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls ID: #894844