900 Midland Avenue #3GYonkersNY10704
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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 900 Midland Avenue #3G, Yonkers, NY, 10704 listed at $303,097 pairs $2,880/mo rent with a $1,484/mo payment to leave $855/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $10,266/yr on $100,477 cash to close. Return on cash invested measures 30.13% in year one, and rental yield registers 11.4% at a $303,097 basis. Equity gained on principal adds $1,956/yr, and annual property appreciation at 5% supports $83,740 by year five. Five-year ROI tracks 158.29% and total cumulative return in cash totals $159,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $1,484/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
4 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10704, Yonkers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,073 (100%) |
| Owner Occupied HU | 6,674 (51.1%) |
| Renter Occupied HU | 5,560 (42.5%) |
| Vacant Housing Units | 839 ( 6.4%) |
| Median Home Value | $592,583 |
| Average Home Value | $597,752 |
Housing Distribution
Address Breakdown
Residential
11,940
Single Family
7,211
Multi-Family
4,729
Businesses
1,062
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