7 Stony Gate OvalNew 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 7 Stony Gate Oval, New Rochelle, NY, 10804 priced at $1,780,000 pairs $7,170/mo rent with after a $8,712/mo payment. Total monthly income equals $7,170/mo. Return on cash invested is 10.56% in year one, and rental yield stands at 4.83% on a $1,780,000 basis. Equity gained on principal adds $11,486/yr, and 5% annual appreciation accumulates to $491,781 by year five. Five-year ROI measures 53.25% and total cumulative return in cash reaches $307,088. For financing, Ziffy Mortgage’s DSCR program evaluates $7,170/mo property income against a $8,712/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.28 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: Maryann L. Petrescu • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #H6265928