6 Manchester Road #1EastchesterNY10709
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
Investment Highlights
Rental property for sale in Eastchester at 6 Manchester Road #1, Eastchester, NY, 10709 priced at $540,000 converts $3,904/mo rent into $298/mo cash flow after a $2,643/mo obligation. Total monthly income equals $3,904/mo, and annual cash flow totals $3,576/yr on $177,660 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 8.68% against a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,192 by year five. Five-year ROI reaches 115.05% and total cumulative return in cash sums $204,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,904/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Condo
Built in 1940
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorenzo C. Signorile • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls ID: #913949