Under $500K Investment Properties for Sale in Yonkers, NY
54- 2 Bed
- 2 Bath
- 1050 sft
128- 1 Bed
- 1 Bath
- 800 sft
153- 1 Bed
- 1 Bath
- 750 sft
207- 1 Bed
- 1 Bath
- 800 sft
Why Invest in Yonkers, New York?
Discover investment opportunities in Yonkers, NY under $500K, offering entry-level access to a vibrant Westchester market near NYC. Properties here deliver solid **rental yields** around 6-7% with steady cash flow potential. Annual appreciation averages 4%, supported by strong renter demand at 55% occupancy. Cap rates hover at 5.5%, ideal for value-add strategies in this commuter hub. Proximity to Manhattan boosts long-term ROI for budget-conscious investors.
Frequently Asked Questions
Yes, Yonkers offers condos, townhomes, and fixer-uppers under $500K with strong rental potential near NYC. These properties often yield 6%+ returns due to commuter demand. Focus on areas like Getty Square for best appreciation.
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