








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Yonkers at 397 N Broadway #2E, Yonkers, NY, 10701 offers $1,412/mo rent that, after a $783/mo payment, leaves $344/mo cash flow. Total monthly income is $1,412/mo, and annual cash flow is $4,126/yr on $53,007 cash. Return on cash invested measures 27.69% in year one, and rental yield stands at 10.6% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 145.24% and total cumulative return in cash reaches $76,986. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,412/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10701, Yonkers, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,811 (100%) |
| Owner Occupied HU | 6,412 (21.5%) |
| Renter Occupied HU | 20,070 (67.3%) |
| Vacant Housing Units | 3,329 (11.2%) |
| Median Home Value | $553,400 |
| Average Home Value | $604,378 |
Residential
25,910
Single Family
7,211
Multi-Family
18,699
Businesses
1,561
Date | Event | Price |
|---|---|---|
| 2025-03-01 | Listed for sale | $159,900 |
| 2019-06-05 | Sold | $110,000 |
| 2019-03-02 | Listing removed | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
None
Listed by: Lidia Diaz • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #829024
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.