840 Palisade Ave #3GYonkersNY10703
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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 840 Palisade Ave #3G, Yonkers, NY, 10703 at $260,000 posts ROI 39.56% with $1,411/mo cash flow from $3,148/mo rent. Total monthly income equals $3,148/mo, and annual cash flow records $16,936/yr on $86,190 to close. Return on cash invested measures 39.56% and rental yield reads 14.53% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 208.88% and total cumulative return in cash totals $180,029.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10703, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 4,103 (44.7%) |
| Renter Occupied HU | 4,455 (48.6%) |
| Vacant Housing Units | 612 ( 6.7%) |
| Median Home Value | $516,371 |
| Average Home Value | $521,818 |
Housing Distribution
Address Breakdown
Residential
7,421
Single Family
3,928
Multi-Family
3,493
Businesses
440
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