673 Pelham Road #E9New RochelleNY10805
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
Investment property for sale in New Rochelle at 673 Pelham Road #E9, New Rochelle, NY, 10805 at $309,000 posts ROI 21.08% with $100/mo cash flow from $2,163/mo rent. Total monthly income equals $2,163/mo, and annual cash flow records $1,199/yr on $102,434 to close. Return on cash invested measures 21.08% and rental yield reads 8.4% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 109.75% and total cumulative return in cash totals $112,421.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,163/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1962
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: Renee Lepore • Century 21 Marciano
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #835013
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