701 Ridge Hill Boulevard #10IYonkersNY10710
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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 Yonkers at 701 Ridge Hill Boulevard #10I, Yonkers, NY, 10710 earns $270/mo cash flow from $3,643/mo rent with a $2,472/mo payment. Total monthly income totals $3,643/mo, and annual cash flow totals $3,245/yr on $166,145 capital. ROI tracks 22.01% on current figures, and rental yield reads 8.66% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 114.75% and total cumulative return in cash sums $190,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,643/mo property income instead of your personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10710, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 7,147 (67.7%) |
| Renter Occupied HU | 2,897 (27.5%) |
| Vacant Housing Units | 506 ( 4.8%) |
| Median Home Value | $606,178 |
| Average Home Value | $602,425 |
Housing Distribution
Address Breakdown
Residential
10,433
Single Family
5,988
Multi-Family
4,445
Businesses
871
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