60 Overhill RoadNew 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 60 Overhill Road, New Rochelle, NY, 10804 priced at $1,395,000 converts $5,010/mo rent into after a $6,828/mo obligation. Total monthly income equals $5,010/mo. Return on cash invested prints 8.94% in year one, and rental yield reads 4.31% against a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation compiles into $385,413 by year five. Five-year ROI reaches 44.57% and total cumulative return in cash sums $201,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,010/mo property income covering a $6,828/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.48 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: Mimi Magarelli • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls ID: #944301