70 Sherman Avenue #2KYonkersNY10705
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 Yonkers at 70 Sherman Avenue #2K, Yonkers, NY, 10705 earns $185/mo cash flow from $1,154/mo rent with a $710/mo payment. Total monthly income totals $1,154/mo, and annual cash flow totals $2,225/yr on $48,068 capital. ROI tracks 24.54% on current figures, and rental yield reads 9.55% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 128.34% and total cumulative return in cash sums $61,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,154/mo property income instead of your personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10705, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 3,803 (25.4%) |
| Renter Occupied HU | 10,260 (68.6%) |
| Vacant Housing Units | 887 ( 5.9%) |
| Median Home Value | $599,180 |
| Average Home Value | $596,884 |
Housing Distribution
Address Breakdown
Residential
13,944
Single Family
3,760
Multi-Family
10,184
Businesses
714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices