440 Beechmont DrNew RochelleNY10804
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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 440 Beechmont Dr, New Rochelle, NY, 10804 offers a 3.74% rental yield on a $1,500,000 purchase with $4,675/mo rent. 18% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 35.14% and total cumulative return in cash at $170,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,675/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
3,837 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10804, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,011 (100%) |
| Owner Occupied HU | 4,485 (89.5%) |
| Renter Occupied HU | 304 ( 6.1%) |
| Vacant Housing Units | 222 ( 4.4%) |
| Median Home Value | $905,613 |
| Average Home Value | $1,003,736 |
Housing Distribution
Address Breakdown
Residential
5,148
Single Family
4,550
Multi-Family
598
Businesses
232
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Listed by: Fred Campbell • EXTREME REALTY ASSOCIATES INC
Mls Name: NY State MLS
Mls ID: #11519182