56 Belleau AvenueNew 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
Rental property for sale in New Rochelle at 56 Belleau Avenue, New Rochelle, NY, 10804 generates $8,400/mo in rent and, after a $5,227/mo payment, leaves $1,268/mo in cash flow. Total monthly income is $8,400/mo, and annual cash flow is $15,221/yr on $346,032 invested. Return on cash invested sits at 24.77% in year one, and rental yield is 9.44% on a $1,068,000 entry. Equity gained on principal adds $6,892/yr, while 5% annual appreciation builds toward $295,069 over five years. Five-year ROI reaches 129.46% and total cumulative return in cash sums $447,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.33 Acres 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: Rosaura Bollengier • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls ID: #932144