Real Estate Investing in Yonkers, New York (10701)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Westchester County • Population: 70,054 • Data updated: September 2026

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Should you buy in 10701 (Yonkers, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Yonkers, NY (10701)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $633,364
Avg Monthly Rent $2,799
1% Rule ✗ Does Not Meet
Median Income $60,022
% Renters 70.3%

Market Analysis: 10701 Yonkers

The 10701 ZIP in Yonkers, NY is a local-operator market. Outside capital chasing a $633K entry has to pair deep knowledge with the discount.

Distressed markets are won on execution, not on spreadsheets. ZIP 10701 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 10701's metrics run below Westchester County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

In practical terms, 70,054 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 10701 is an operator game, not a passive one. Put differently, entry prices of $633K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Yonkers:

C Below Average
Buy Confidence Score: 55/100
Affordability
0/25
Appreciation
18/25
Stability
14/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 10.6× the median income
Value Trend
Rising (+7.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,799/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 10701

Which property type performs best in this market?

Best for Cash Flow
1BR
9.0% cap rate
Best for Appreciation
5BR
+6.3% 5yr CAGR
Best Overall Value
5BR
$172,474/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $216,148 $2,710 9.0% +2.1% $216,148
2BR $369,089 $2,970 5.8% +4.4% $184,544
3BR $672,073 $3,720 4.0% +5.9% $224,024
4BR $768,676 $4,040 3.8% +5.6% $192,169
5BR $862,368 +6.3% $172,474

Market Trends

Home Value History (with trend line)

$660K$583K$506K$430K$353K$277KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,877$2,652$2,428$2,204$1,979$1,755Oct 2017Mar 2022Jul 2026

📊 How Does 10701 Compare?

Metric 10701 Yonkers New York
Home Value $633,364 $736,603 $505,608
5-Year CAGR 4.8% 4.8% 6.6%
Avg Rent $2,799 $2,975 -
Cap Rate 3.5% 3.2% -
💡 Why Invest in 10701? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

70% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 10701 (Yonkers, NY). Anonymous, moderated, never written by AI.

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Property managers serving Westchester County

Manage rentals here? List your business →

Comfort Usukumah is a REALTOR specializing in assisting buyers and sellers in New York, providing access to all listings and home value discussions. summary from their website

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Real Property Management Westchester is a property management company serving Westchester, NY. summary from their website

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Igor Krasnoperov helps clients sell their homes with a guaranteed price. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+4.8%
Moderate

📊 Market Snapshot

Home Value $633,364
Monthly Rent $2,799
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +7.5% ▲
3-Year CAGR +5.7% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +5.6% ▲

🏠 Rent Trends

1-Year +4.9% ▲
3-Year CAGR +4.9% ▲
5-Year CAGR +5.5% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
5.0%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+4.8%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 10701

Population: 70,054

💰 Median Household Income
$60,022
This area
$60,022
State
$86,376
USA
$74,580
🏠 Renter Occupied
70.3%
This area
70.3%
State
26.4%
USA
34.0%
💼 Unemployment Rate
5.7%
This area
5.7%
State
-24.2%
USA
3.7%
🎓 College Educated
28.9%
This area
28.9%
State
4.2%
USA
33.7%
👤 Median Age
35.1 years
This area
35.1 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
5.0%
This area
5.0%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 39.7%
Hispanic/Latino 37.0%
White 33.2%
Black/African American 24.1%
Asian 3.1%
👶 Under 18
23.5%
This area
23.5%
USA
22.0%
👴 65 and Over
13.0%
This area
13.0%
USA
17.3%
📊 Poverty Rate
14.2%
This area
14.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 10701

A Avg School Grade
13 Schools
16.5:1 Avg Class Size
$28,999 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

MUSEUM SCHOOL 25

📚 Pre-K – 05 Elementary
👥
245 Students
👨‍🏫
14.1:1 Class Size
💰
$29,656 Per Student
A+ Excellent

THOMAS CORNELL ACADEMY

📚 Pre-K – 06 School
👥
262 Students
👨‍🏫
14.3:1 Class Size
💰
$29,656 Per Student
A Very Good

ELLA FITZGERALD ACADEMY

📚 Pre-K – 08 School
👥
458 Students
👨‍🏫
16.7:1 Class Size
💰
$29,656 Per Student
A Very Good
👥
453 Students
👨‍🏫
17.8:1 Class Size
💰
$29,656 Per Student
A Very Good

PAIDEIA SCHOOL 24

📚 Pre-K – 06 School
👥
301 Students
👨‍🏫
15.6:1 Class Size
💰
$29,656 Per Student
A Very Good

SCHOOL 16

📚 Pre-K – 08 School
👥
544 Students
👨‍🏫
17.7:1 Class Size
💰
$29,656 Per Student
A Very Good

SCHOOL 23

📚 Pre-K – 08 School
👥
484 Students
👨‍🏫
16.7:1 Class Size
💰
$29,656 Per Student
A Very Good

WILLIAM BOYCE THOMPSON SCHOOL

📚 Pre-K – 08 School
👥
373 Students
👨‍🏫
15.5:1 Class Size
💰
$29,656 Per Student
A Very Good

SAUNDERS TRADES & TECHNICAL HIGH SCHOOL

📚 09 – 12 High School
👥
1,043 Students
👨‍🏫
13.0:1 Class Size
💰
$29,656 Per Student
A Very Good
👥
844 Students
👨‍🏫
17.1:1 Class Size
💰
$29,656 Per Student
A Very Good

RIVERSIDE HIGH SCHOOL

📚 09 – 12 High School
👥
981 Students
👨‍🏫
16.2:1 Class Size
💰
$29,656 Per Student
A Very Good

SCHOOL 5

📚 Pre-K – 08 School
👥
568 Students
👨‍🏫
20.6:1 Class Size
💰
$29,656 Per Student
B Good

CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE

📚 K – 12 K-12 Charter
👥
1,125 Students
👨‍🏫
19.9:1 Class Size
💰
$21,116 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
D
Academy for Jewish Religion
62 students · 1.3 mi
C
Cochran School of Nursing
112 students · 1.6 mi
C+
Sarah Lawrence College
1,743 students · 2.1 mi
C
University of Mount Saint Vincent
3,202 students · 2.7 mi
C
Montefiore School of Nursing
115 students · 3.2 mi
C
Westchester School of Beauty Culture
55 students · 3.3 mi
C
Saint Vladimirs Orthodox Theological Seminary
90 students · 3.3 mi
C
Yeshiva of the Telshe Alumni
78 students · 3.8 mi

Frequently Asked Questions

How much should I expect to pay for a home in Yonkers, NY?

The median home value in Yonkers, NY is roughly $633K. That puts it reasonable relative to the NY statewide average.

Are renters plentiful in Yonkers, NY?

The renter base in Yonkers, NY is reasonable for the $2,799/mo price point. Screening well and pricing to market typically yields measured tenants.

Should investors consider Yonkers, NY?

Our data puts Yonkers, NY at 3.0/5 for investability. Home prices of $633K and rents around $2,799/mo create a solid backdrop for investor activity.

Does house hacking work in Yonkers, NY?

The house hack math a challenging in Yonkers, NY. Owner-occupant buyers benefit from the $2,799/mo rents and $633K home values.

How landlord-friendly is Yonkers, NY?

For rental operators, Yonkers, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

You know 10701 now. You don’t know where it ranks.

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How 10701 ranks in New York-Newark-Jersey City, NY-NJ-PA

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Cash Flow → Appreciation → Affordable →
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