7 The BoulevardNew RochelleNY10801
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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 7 The Boulevard, New Rochelle, NY, 10801 offers a 14.03% rental yield on a $764,900 purchase with $8,940/mo rent. Total monthly income registers $8,940/mo, and a $3,744/mo payment leaves $3,832/mo available for distribution. Annual cash flow reaches $45,983/yr on $251,652 to close, and return on cash invested stands at 38.33% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,328 over five years. Portfolio math shows five-year ROI at 202.25% and total cumulative return in cash at $508,960. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,940/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10801, New Rochelle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,646 (100%) |
| Owner Occupied HU | 5,750 (30.8%) |
| Renter Occupied HU | 10,296 (55.2%) |
| Vacant Housing Units | 2,600 (13.9%) |
| Median Home Value | $624,380 |
| Average Home Value | $640,140 |
Housing Distribution
Address Breakdown
Residential
16,417
Single Family
7,314
Multi-Family
9,103
Businesses
1,570
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Listed by: Joseph Kuhl • River Realty Services, Inc.
Mls Name: OneKey MLS
Mls ID: #902016