93 Horton AveNew 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 93 Horton Ave, New Rochelle, NY, 10801 uses $235,235 cash to close to unlock $3,635/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $5,078/mo, and a $3,500/mo payment keeps the spread at $303/mo. Purchase price stands at $715,000, and rental yield measures 8.52% with $5,078/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 112.55% and total cumulative return in cash records $264,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,078/mo property income covering a $3,500/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
N/A 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: Wayne Courtney • WAYCO REALTY INC
Mls Name: NY State MLS
Mls ID: #11616748