Real Estate Investing in Yonkers, New York (10703)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10703 (Yonkers, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Yonkers, NY (10703)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10703 Yonkers
Not every below-median market is a bargain. Yonkers's 10703 ZIP comes in at signals that favor experienced operators who can absorb the risk $628K pricing implies.
The investment case in 10703 is resilient only for operators who understand what they are buying. A $628K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Yonkers have seen price recovery that 10703 has not matched. Westchester County data supports the view that the spread is structural rather than temporary.
The demographic picture in 10703 includes headwinds that any investor should price in. Income distribution skews lower than Yonkers averages, and tenant stability requires active management.
New investors are better served looking at Yonkers's stable or hybrid ZIPs before stepping into 10703. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Yonkers:
Property Strategy for 10703
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $380,415 | $2,630 | 5.0% | +3.8% | $190,207 |
| 3BR | $614,527 | $3,290 | 3.9% | +5.7% | $204,842 |
| 4BR | $712,403 | $3,580 | 3.6% | +5.8% | $178,101 |
| 5BR | $819,801 | — | — | +6.0% | $163,960 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10703 Compare?
| Metric | 10703 | Yonkers | New York |
|---|---|---|---|
| Home Value | $627,543 | $736,603 | $505,608 |
| 5-Year CAGR | 4.9% | 4.8% | 6.6% |
| Avg Rent | $2,872 | $2,975 | - |
| Cap Rate | 3.6% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10703 (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
Real Property Management Westchester is a property management company serving Westchester, NY. summary from their website
Igor Krasnoperov helps clients sell their homes with a guaranteed price. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $627,543 |
| Monthly Rent | $2,872 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.
Demographics in 10703
Population: 22,135
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 10703
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BRONXVILLE ELEMENTARY SCHOOL
BRONXVILLE HIGH SCHOOL
BRONXVILLE MIDDLE SCHOOL
FARRAGUT MIDDLE SCHOOL
HASTINGS HIGH SCHOOL
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
Frequently Asked Questions
What kind of market is Yonkers, NY for investors?
Investors tracking Yonkers, NY will find a 3.0/5 rating supported by $628K median home values and $2,872/mo rents. That profile suits long-term holders targeting predictable returns.
Are there empty rentals in Yonkers, NY?
Yonkers, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
What is the average monthly rent in Yonkers, NY?
Expect rents around $2,872/mo per month in Yonkers, NY. With home values at $628K, the yield math works out to reasonable levels for rental investors.
Does house hacking work in Yonkers, NY?
House hacking in Yonkers, NY is reasonable to execute. Prices around $628K and rents of $2,872/mo solid owner-occupant economics.
Which real estate strategy fits Yonkers, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Yonkers, NY. The numbers - $628K homes against $2,872/mo rents - support that play.
You know 10703 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10703 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 10703 ranks in New York-Newark-Jersey City, NY-NJ-PA
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