51 White Oak Street #2ANew 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
Investment property for sale in New Rochelle at 51 White Oak Street #2A, New Rochelle, NY, 10801 uses $96,135 cash to close to unlock $1,330/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $2,047/mo, and a $1,419/mo payment keeps the spread at $111/mo. Purchase price stands at $290,000, and rental yield measures 8.47% with $2,047/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash records $106,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,047/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1952
1.17 Acres 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: Zulleyma Alvarez • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls ID: #938568