470 N Broadway #B34YonkersNY10703
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 470 N Broadway #B34, Yonkers, NY, 10703 in Yonkers at $154,999 earns $1,177/mo in rent and nets $142/mo after the $697/mo payment, a 9.11% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $42,823 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,428/yr in principal paydown, total projected return reaches $68,262.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.2% |
| Monthly Cash Flow | $142 | $850 |
City averages based on Yonkers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,177 |
| Total Monthly Debt Service | $973 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10703, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 4,103 (44.7%) |
| Renter Occupied HU | 4,455 (48.6%) |
| Vacant Housing Units | 612 ( 6.7%) |
| Median Home Value | $516,371 |
| Average Home Value | $521,818 |
Housing Distribution
Address Breakdown
Residential
7,421
Single Family
3,928
Multi-Family
3,493
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10703, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 4,103 (44.7%) |
| Renter Occupied HU | 4,455 (48.6%) |
| Vacant Housing Units | 612 ( 6.7%) |
| Median Home Value | $516,371 |
| Average Home Value | $521,818 |
Housing Distribution
Address Breakdown
Residential
7,421
Single Family
3,928
Multi-Family
3,493
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices