4 Field End Lane #2REastchesterNY10709
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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 Eastchester at 4 Field End Lane #2R, Eastchester, NY, 10709 offers $2,878/mo rent that, after a $1,786/mo payment, leaves $441/mo cash flow. Total monthly income is $2,878/mo, and annual cash flow is $5,293/yr on $120,998 cash. Return on cash invested measures 24.28% in year one, and rental yield stands at 9.46% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 126.98% and total cumulative return in cash reaches $153,643. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10709, Eastchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,576 (100%) |
| Owner Occupied HU | 2,589 (72.4%) |
| Renter Occupied HU | 812 (22.7%) |
| Vacant Housing Units | 175 ( 4.9%) |
| Median Home Value | $873,126 |
| Average Home Value | $917,700 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
2,417
Multi-Family
1,353
Businesses
329
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Listed by: Suzanne M. Silva • United RE Hudson Valley Edge
Mls Name: OneKey MLS
Mls ID: #929325