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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 95 Morningside Avenue, Yonkers, NY, 10703 earns $736/mo cash flow from $3,240/mo rent with a $1,835/mo payment. Total monthly income totals $3,240/mo, and annual cash flow totals $8,835/yr on $124,313 capital. ROI tracks 27.02% on current figures, and rental yield reads 10.37% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 141.61% and total cumulative return in cash sums $176,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.
Townhouse
Built in 1896
1,307 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Listed for sale | $375,000 |
| 2016-09-13 | Sold | $220,000 |
| 2016-04-11 | Sold | $125,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $5,300 | N/A |
| 2022-08-13 | N/A | N/A | $5,300 | N/A |
| 2021-08-13 | N/A | N/A | $5,300 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Townhouse
- Year Built: 1896
- Architectural Style: N/A
- Building Area: 1,248
- Living Area: 1,248 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air
- Cooling: Window Unit(s)
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: On Street
Location
- City: Yonkers
- Subdivision: N/A
- Lot Size: 1,307 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Yonkers Early Childhood Academy
- Middle School: Yonkers Middle School
- High School: Yonkers High School
What's Special
None
Listed by: Lorena Espaillat • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6320960
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.