620 Pelham Road #4HNew RochelleNY10805
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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 620 Pelham Road #4H, New Rochelle, NY, 10805 earns $207/mo cash flow from $1,339/mo rent with a $830/mo payment. Total monthly income totals $1,339/mo, and annual cash flow totals $2,481/yr on $56,189 capital. ROI tracks 24.32% on current figures, and rental yield reads 9.48% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 127.19% and total cumulative return in cash sums $71,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,339/mo property income instead of your personal income.
Condo
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10805, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,836 (100%) |
| Owner Occupied HU | 2,805 (35.8%) |
| Renter Occupied HU | 4,434 (56.6%) |
| Vacant Housing Units | 597 ( 7.6%) |
| Median Home Value | $651,989 |
| Average Home Value | $785,291 |
Housing Distribution
Address Breakdown
Residential
7,613
Single Family
2,313
Multi-Family
5,300
Businesses
177
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Listed by: Loretta Illustrato • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls ID: #949488