611 Palmer Road #4YYonkersNY10701
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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 Yonkers at 611 Palmer Road #4Y, Yonkers, NY, 10701 earns $170/mo cash flow from $1,005/mo rent with a $612/mo payment. Total monthly income totals $1,005/mo, and annual cash flow totals $2,041/yr on $41,438 capital. ROI tracks 24.83% on current figures, and rental yield reads 9.65% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 130.01% and total cumulative return in cash sums $53,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,005/mo property income instead of your personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10701, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,811 (100%) |
| Owner Occupied HU | 6,412 (21.5%) |
| Renter Occupied HU | 20,070 (67.3%) |
| Vacant Housing Units | 3,329 (11.2%) |
| Median Home Value | $553,400 |
| Average Home Value | $604,378 |
Housing Distribution
Address Breakdown
Residential
25,910
Single Family
7,211
Multi-Family
18,699
Businesses
1,561
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