CashFlowRE
Sign in Sign up
1300 Midland Ave Unit C39
A- Composite 81.07
Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.6/10.0
  • Schools +5.9/10.0
  • Rent growth +5.0/5.0
  • Livability +3.4/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$178,500

1300 Midland Ave Unit C39 · Yonkers, NY 10704
1 bd · 1.0 ba · 800 sqft · Townhouse · 29 Days on market
Built 1954 Fair condition $223/sqft · 19% below area Est $219k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This is a clean spacious unit in move in condition. One bedroom, din area, working kitchen, foyer and full bath. Located near Cross County Shopping Center and walking distance to the Fleetwood Metro North Train Station and all bus service. Pets are allowed dogs can not be more than 30lbs or more than 30 inches in length. Debt to income ratio is 26-28%. This is the lowest price unit in Kimberly Gardens owner wants offers.

Key facts

  • Metro-north nearby
  • Major parkways
  • Built 1954

Tags

STEPS FROM CROSS COUNTY MALLPOPULAR DINING OPTIONSMAJOR PARKWAYSPUBLIC TRANSPORTATIONMETRO-NORTH NEARBYPET FRIENDLY COMMUNITY

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath townhouse listed at $178k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $820 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $178k).
  • Recommended offer: $176k (1.5% below list) — sets the bar for market timing.
  • Cap rate 11.8% vs local median 5.4% in Yonkers — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
  • Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+21.0%/yr); 211 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 40d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $50k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 29 days — a 2% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $125k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $175,822 (1.5% below list)

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.46%
Cap rate
11.81%
Cash-on-cash
19.70%
DSCR
1.88
GRM
5.7

CMA / ARV

ARV (median comp)
$219,311
List price
$178,500
Delta
-18.61%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1300 Midland Ave Unit C64 0.03mi 1/1.0 800 (0%) 1mo $175,000 $219 97
1111 Midland Ave Unit 4 P 0.40mi 1/1.0 800 (0%) 1mo $180,000 $225 80
786 Bronx River Rd Unit B65 0.34mi 2/1.0 (+1) 800 (0%) 1mo $195,000 $244 78
1220 Midland Ave #1220 0.13mi 1/1.0 878 (+10%) 1mo $224,000 $255 76
1374 Midland Ave Ph 8 0.22mi 1/1.0 871 (+9%) 1mo $405,000 $465 74
755 Bronx River Rd Unit 1C 0.31mi 2/1.0 (+1) 850 (+6%) 1mo $220,000 $259 69
472 Gramatan Ave Unit H1 0.67mi 1/1.0 800 (0%) 1mo $155,000 $194 67
786 Bronx Riv Unit B56 0.32mi 1/1.0 700 (-12%) 0mo $170,000 $243 64
1376 Midland Ave #810 0.25mi 2/2.0 (+1) 871 (+9%) 1mo $550,000 $631 64
811 Bronx River Rd Unit 5A 0.28mi 2/1.0 (+1) 900 (+12%) 0mo $235,000 $261 61
1468 Midland Ave Unit 4D 0.42mi 1/1.0 900 (+12%) 0mo $200,000 $222 59
55 Halley St Unit 5E 0.53mi 1/1.0 700 (-12%) 0mo $165,000 $236 54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
17.3%
Equity multiple
1.74×
Total profit
$37,103
Equity at exit
$26,615
10-year hold
IRR
29.2%
Equity multiple
4.25×
Total profit
$162,283
Equity at exit
$15,433

Cash invested: $49,980 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
5 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City Yonkers
5 Strongly Tenant-Friendly · D+20
Westchester rent guidelines board.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
77 active · 89 under contract
Months of supply
5.7 mo (18%/mo absorbed)
Median asking
$199,000 ($250/sqft)
Median days on market
50 d
This list price
35% of active listings are priced below it
ARV vs active asking
+9.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 10704

Rents YoY
21.0%
Active inventory
211
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$2,600 high interval (Pro) →
Mortgage (P&I)
$936
Tax est. 1.5%
$223 /mo · $2,678/yr
Insurance
$74
HOA
$0
Vacancy / Maint / Mgmt
$546
Net cashflow
$820

Break-even live

Break-even rent $1,561
Max offer price $178,500
Occupancy floor 63%

Sensitivity live

Price -10% $944 -5% $882 +0% $820 +5% $759 +10% $697
Rent -10% $615 -5% $718 +0% $820 +5% $923 +10% $1,026
Rate -1.0pp $910 -0.5pp $866 base $820 +0.5pp $774 +1.0pp $727

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$44,625
Closing costs
$5,355
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1160 Midland Ave Yonkers, NY 1.0–3.0 1.0–2.0 1116 $2,800 $2.51 8d 2 0.30mi
770 Bronx River Rd Apt A42 Yonkers, NY 2.0 1.0 775 $2,500 $3.23 38d 1 0.36mi
1440 Midland Ave Unit 1F Yonkers, NY 1.0 1.0 700 $2,100 $3.00 32d 1 0.36mi
28 Tunis Ave Unit 2 Yonkers, NY 2.0 1.0 900 $3,000 $3.33 93d 1 0.40mi
1 Vincent Rd Unit 4B Yonkers, NY 2.0 1.0 950 $2,400 $2.53 16d 1 0.42mi
671 Bronx River Rd Unit 3A Yonkers, NY 2.0 1.5 950 $3,000 $3.16 73d 1 0.43mi
200 Crescent Pl Unit 2nd fl Yonkers, NY 1.0 1.0 800 $2,150 $2.69 37d 1 0.47mi
645 N MacQuesten Pkwy Unit 3G Mt Vernon, NY 2.0 1.0 950 $3,195 $3.36 73d 1 0.48mi
80 W Grand St Mount Vernon, NY 1.0 1.0 850 $1,942 $2.28 73d 1 0.48mi
80 W Grand St Unit B1 Mt Vernon, NY 1.0 1.0 650 $1,970 $3.03 34d 1 0.48mi
525 N Macquesten Pkwy Mount Vernon, NY 1.0 1.0 750 $3,195 $4.26 4d 1 0.56mi
669 N Terrace Ave Mount Vernon, NY 1.0 1.0 750 $2,031 $2.71 73d 1 0.56mi
42 Broad St W Mount Vernon, NY 3.0 1.0–2.0 1014 $3,956 $3.90 73d 15 0.58mi
42 Broad St W Mount Vernon, NY 3.0 1.0–2.0 955 $3,315 $3.47 0d 28 0.58mi
33 William St Mount Vernon, NY 1.0–2.0 1.0 725 $1,850 $2.55 71d 2 0.65mi
514 Gramatan Ave Mount Vernon, NY 1.0 1.0 675 $1,775 $2.63 0d 1 0.66mi
86 Edgewood Ave Unit 2W Yonkers, NY 2.0 1.0 1000 $2,699 $2.70 93d 1 0.72mi
86 Edgewood Ave Apt 2E Yonkers, NY 2.0 1.0 1000 $2,599 $2.60 68d 1 0.72mi
900 Midland Ave Unit 1F Yonkers, NY 2.0 1.0 1000 $2,800 $2.80 23d 1 0.72mi
12 Putnam St Mount Vernon, NY 2.0 1.0 950 $2,600 $2.74 73d 1 0.82mi
495 Kimball Ave Unit First Floor Yonkers, NY 2.0 1.0 1100 $3,000 $2.73 93d 1 0.85mi
51 Parkway Rd Apt 3 Bronxville, NY 1.0 1.0 1100 $2,900 $2.64 42d 1 0.89mi
142 Trenchard St Unit 2E Yonkers, NY 1.0 1.0 900 $2,250 $2.50 60d 1 0.90mi
230 N 7th Ave Unit 2 Mt Vernon, NY 1.0 1.0 950 $2,300 $2.42 59d 1 0.92mi
793 Palmer Rd Apt 2F Yonkers, NY 1.0 1.0 760 $2,700 $3.55 23d 1 0.92mi
103 North St Mount Vernon, NY 1.0 1.0 720 $1,900 $2.64 70d 1 0.95mi
91 Parkway Rd Unit 1G Bronxville, NY 2.0 1.0 1100 $4,295 $3.90 12d 1 0.96mi
14 Elm St Unit 2 Mt Vernon, NY 2.0 1.0 1000 $2,800 $2.80 73d 1 1.00mi
125 Parkway Rd Bronxville, NY 1.0–3.0 1.0–2.0 1372 $4,461 $3.25 0d 7 1.00mi
224 Gramatan Ave Unit 4K Mt Vernon, NY 1.0 1.0 700 $2,400 $3.43 4d 1 1.03mi
80 Dunwoodie St Unit 2W Yonkers, NY 2.0 1.0 950 $2,700 $2.84 23d 1 1.04mi
10 Wilbur St Unit 1 Yonkers, NY 1.0 1.0 700 $2,000 $2.86 38d 1 1.05mi
34 N Terrace Ave Unit 2ndFL Mt Vernon, NY 2.0 1.0 800 $3,500 $4.38 17d 1 1.07mi
34 N Terrace Ave Unit 2nd floor Mt Vernon, NY 2.0 1.0 800 $3,000 $3.75 17d 1 1.07mi
20 Overhill Pl Unit 3 Yonkers, NY 2.0 1.0 800 $3,000 $3.75 93d 1 1.08mi
85 Bennett Ave Unit 2 Yonkers, NY 2.0 1.0 1000 $2,500 $2.50 93d 1 1.13mi
52 Yonkers Ter Apt 6H Yonkers, NY 1.0 1.0 750 $1,975 $2.63 4d 1 1.14mi
23 Alida St Unit 2s Yonkers, NY 2.0 1.0 1000 $2,900 $2.90 73d 1 1.14mi
44 N Bond St Unit 1 Mt Vernon, NY 2.0 1.0 1100 $2,900 $2.64 40d 1 1.14mi
32 N Bond St Mount Vernon, NY 1.0 1.0 850 $1,700 $2.00 33d 1 1.16mi

Property features AI

Finance

HOA & community
Building amenities include elevators, landscaping, grounds maintenance, snow removal, and trash serviceAssociation fee covers grounds care, heat, sewer, snow removal, trash, and waterAdditional monthly capital improvement fee of $95.46

Exterior

Parking
Off-street parking (waitlist applies)Parking fee of $65
Utilities
Electric service by Con EdisonPublic sewerTrash collection (public)
Home design
Stock cooperative
Construction
Brick exterior
Exterior features
Brick constructionNot waterfront

Interior

Kitchen
Refrigerator
Bedrooms
Entry on level 3
Flooring
Hardwood floors
Bathrooms
1 full bathroom
Heating & cooling
Oil heatingWall/window air conditioning units
Interior features
ElevatorEntrance foyerGalley-style kitchenPets allowed with breed and size restrictions
Laundry & utility
Common area laundryLaundry in basement

Listing history 27 events

  1. 2026-07-18
    days on market $178,500 Active 29 DOM
  2. 2026-07-18
    days on market $178,500 Active 28 DOM
  3. 2026-07-16
    days on market $178,500 Active 27 DOM
  4. 2026-07-15
    days on market $178,500 Active 26 DOM
  5. 2026-07-14
    days on market $178,500 Active 25 DOM
  6. 2026-07-13
    days on market $178,500 Active 24 DOM
  7. 2026-07-13
    days on market $178,500 Active 23 DOM
  8. 2026-07-11
    days on market $178,500 Active 22 DOM
  9. 2026-07-10
    days on market $178,500 Active 21 DOM
  10. 2026-07-09
    days on market $178,500 Active 20 DOM
  11. 2026-07-07
    days on market $178,500 Active 18 DOM
  12. 2026-07-06
    days on market $178,500 Active 17 DOM
  13. 2026-07-06
    days on market $178,500 Active 16 DOM
  14. 2026-07-05
    days on market $178,500 Active 15 DOM
  15. 2026-07-03
    days on market $178,500 Active 14 DOM
  16. 2026-07-02
    days on market $178,500 Active 13 DOM
  17. 2026-07-01
    days on market $178,500 Active 12 DOM
  18. 2026-06-30
    days on market $178,500 Active 11 DOM
  19. 2026-06-29
    days on market $178,500 Active 10 DOM
  20. 2026-06-28
    days on market $178,500 Active 9 DOM
  21. 2026-06-27
    days on market $178,500 Active 8 DOM
  22. 2026-06-26
    days on market $178,500 Active 7 DOM
  23. 2026-06-24
    days on market $178,500 Active 5 DOM
  24. 2026-06-22
    days on market $178,500 Active 3 DOM
  25. 2026-06-21
    statusdays on market $178,500 Active 2 DOM
  26. 2026-06-17
    remarks 675-char remark
  27. 2026-06-17
    listed $178,500 Coming Soon 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$31,199
− Mortgage interest
−$9,999
− Property taxes
−$2,678
− Insurance
−$892
− Repairs & maintenance
−$2,496
− Management
−$2,496
− Depreciation
−$5,193
Taxable income
$7,446
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,787
After-tax cash flow
$8,057/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 10 photos

Fair 45/100 Cosmetic rehab Est. rehab $4,000–$12,000 screening

This unit is in fair condition with some cosmetic updates needed to enhance its resale and rental value.

Repairs flagged

  • Minor Kitchen cabinets — Slight wear
  • Minor Bathroom fixtures — Slight wear
  • Minor Paint — Slight wear

Value-add opportunities

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Replace carpet — Fresh carpet improves comfort and reduces maintenance
  • Both Replace kitchen cabinets — New cabinets improve functionality and aesthetics
  • Both Replace bathroom fixtures — New fixtures improve functionality and aesthetics

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 58/100

Zoned Schools

Elementary Yonkers Early Childhood Academy Middle Yonkers Middle School F NY #587/729 Nat'l #9,793/14,009 High Yonkers High School A+ NY #238/1,100 Nat'l #387/17,239

Schools (NCES district)

District
Yonkers City School District
NCES district ID
3631920
Math proficiency
41% ▼ -1.00%
Reading proficiency
54% ▲ 14.00%
Median HH income
$58,042
Composite
41.43/100
National rank
#3471
State rank
#413 of 590 in NY
C Composite livability gradescore 68/100

Livability — Yonkers

Score
68/100
State rank
#528
US rank
#9394

Category grades

Amenities F Commute B Cost of living F Crime B- Employment A Housing B- Health & safety B- User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Yonkers, NY
County
Westchester County · 1,028,035 people
City population
212,407
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
31,921
Household income
$106,786
Rent vs Own
39.1% rent · 60.9% own
Severe rent burden
10% of renters

Population outlook (Westchester County) Hauer SSP2

Today (2025)
1,028,035 people
By 2030
1,051,636 · +2.3%
By 2040
1,098,520 · +6.9%
By 2050
1,136,044 · +10.5%
By 2075
1,196,925 · +16.4%
By 2100
1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
White 50% Hispanic / Latino 32% Two or more races 15% Black 7% Asian 5%
Hispanic origin (detail)
Mexican 1% Puerto Rican 11% Cuban 2% Dominican 9%
Common ancestry
Romanian 2% Subsaharan African 2% Scotch-Irish 2%
Foreign-born
32% · Canada, Jamaica, China
Languages at home
54% English-only · Spanish 25% Other Indo-European 13% Russian/Polish/Slavic 2%

Political lean MEDSL · Westchester

2024 margin
Strong D (+26.3) · D 63.1% · R 36.9%
2008→2024 swing
-1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
All cycles
2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

Civics

Price history

+296.7% since first listed
28 events — show timeline
  • 2026-06-20 Listed $178,500 OneKey® MLS as Distributed by MLS Grid
  • 2026-06-17 Coming Soon OneKey® MLS as Distributed by MLS Grid
  • 2016-05-24 Sold (MLS) $125,000 HGMLS
  • 2016-05-24 Sold (MLS) $125,000 OneKey® MLS as Distributed by MLS Grid
  • 2016-03-01 Contingent HGMLS
  • 2016-01-15 Price Changed $125,000 HGMLS
  • 2016-01-14 Delisted HGMLS
  • 2016-01-14 Listed $134,000 HGMLS
  • 2016-01-14 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2016-01-14 Listed $125,000 OneKey® MLS as Distributed by MLS Grid
  • 2015-12-02 Price Changed HGMLS
  • 2015-09-17 Listed HGMLS
  • 2015-09-17 Listed $130,000 OneKey® MLS as Distributed by MLS Grid
  • 2013-09-09 Delisted HGMLS
  • 2013-09-08 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2013-03-08 Listed HGMLS
  • 2013-03-08 Listed $128,000 OneKey® MLS as Distributed by MLS Grid
  • 2013-03-01 Delisted HGMLS
  • 2013-02-28 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2012-07-21 Listed HGMLS
  • 2012-07-21 Listed $129,900 OneKey® MLS as Distributed by MLS Grid
  • 2012-06-07 Delisted HGMLS
  • 2011-12-06 Listed HGMLS
  • 2011-11-20 Delisted HGMLS
  • 2011-08-09 Price Changed HGMLS
  • 2011-05-23 Listed HGMLS
  • 2000-09-19 Sold (MLS) $45,000 HGMLS
  • 1998-08-10 Listed $45,000 HGMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…