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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Yonkers, NY
Rental Income
$ 600,000
ROI
20.5
Cash Flow/m
73- 6 Bed
- 2 Bath
- 1576 sft
364 Ashburton Avenue #A, Yonkers, NY, 10701
$ 475,000
ROI
24.0Cash Flow/m
561- 4 Bed
- 2 Bath
- 1700 sft
162 Voss Avenue, Yonkers, NY, 10703
Rental Income
$ 749,999
ROI
23.4Cash Flow/m
692- 5 Bed
- 2 Bath
- 1980 sft
167 Voss Avenue, Yonkers, NY, 10703
Rental Income
$ 800,000
ROI
21.7Cash Flow/m
358- 7 Bed
- 3 Bath
- 2800 sft
81 Waring Place, Yonkers, NY, 10703
Why Invest in Yonkers, New York?
Multi-family properties in Yonkers, NY, offer strong investment potential due to high demand from renters commuting to NYC. The city's proximity to Manhattan drives consistent occupancy and rental income. Recent developments and tax incentives from local agencies support multifamily growth. Investors benefit from solid appreciation rates around 5% annually. Cap rates hover at 6-7%, with average rents exceeding $2,500 per unit.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$28500/mo
Avg. Cash Flow
$2600/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yonkers offers high rental demand from NYC commuters and strong appreciation. Tax incentives from YIDA reduce costs for developers. Proximity to transit supports reliable cash flow.
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