Yonkers, New York · Houses to flip

Flipping Houses in Yonkers, NY: Westchester Data, Multi-Family Homes and Flip Math

Yonkers investors, agents, wholesalers and members of the public rely on ForeclosuresDaily.com to find owners in this Westchester County city who are ready to sell.

Because every Yonkers foreclosure is a court case, flippers who contact a struggling owner early in that case get the best chance at a direct deal.

Yonkers owners who are behind on a mortgage, settling an estate, carrying tax debt, or facing repairs they cannot pay for often have to sell on a schedule. Many of them will trade some price for a quick cash closing with an investor rather than list the house and wait.

House flipping Yonkers, NY 3D hero: house on rising gold bar chart with calculator, hard hat and cash with fix and flip, comps and updated daily checks

Cross-referenced tax rolls and property appraiser records

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Finding flip deals in Yonkers

Around 211,000 residents live in Yonkers, the median home is valued near $522,000, and median household income sits around $82,000. Around 44% of occupied housing is owner-occupied, with the other 56% rented.

Bigger price tags mean bigger profit per deal, but also larger budgets and longer holding costs, so precise numbers matter. In Yonkers, more than half of homes are rented, so landlords account for many distressed sellers.

Different lead sources show different sides of the owner’s situation and timeline, and combining them points you to the right house at the right price.

1 ForeclosuresA discounted sale is often how owners behind on their mortgage avoid a foreclosure sale.See foreclosure leads

2 Probate and inherited homesMany heirs would rather sell an inherited home quickly and as-is than deal with repairs and showings.See probate leads

3 Tax-delinquent homesIn Yonkers, unpaid property taxes can signal financial stress, and these owners may welcome a fast cash offer.See tax late leads

Yonkers neighborhoods to research first

01 Entry-level ZIP codesIn 10552 (Mount Vernon), 10701 (Yonkers), and 10463 (Bronx), median values are near $363,000 to $388,000, the lowest in the area. In Yonkers, lower purchase prices can cover repairs and still leave profit, but look at resale demand before you buy.See verified leads

02 High-value ZIP codesBy contrast, 10583 (Scarsdale), 10706 (Hastings On Hudson), and 10707 (Tuckahoe) have medians near $773,000 to $1,183,000. Larger rehab budgets and better finishes are the norm here, and a completed home can sell for considerably more.Get fresh data

03 Owner-occupied ZIP codesMeanwhile, in 10708 (Bronxville), 10710 (Yonkers), and 10704 (Yonkers), about 61% to 76% of homes are owner-occupied. Move-in-ready is what most buyers here are after, and that is what a finished flip gives them.Look up owners

04 Renter-heavy ZIP codesFinally, 10550 (Mount Vernon), 10705 (Yonkers), and 10470 (Bronx) have the highest renter shares, about 57% to 72% of occupied homes. Worn-out landlords here may sell aging rentals at a discount, often to investors.See eviction leads

10701 · Yonkers: snapshot

$370,400

Median home value

$64,776

Median household income

70,676

Population

28,513

Housing units

26.7%

Owner-occupied homes

73.3%

Renter-occupied homes

16.6%

Single-unit homes

3.4%

Vacancy rate

NEW YORK FORECLOSURE DATA

1 in 5,352

Housing units with a foreclosure filing

#29 of 50

State foreclosure rate rank

1 in 3,569

U.S. rate, for comparison

Judicial

New York foreclosure process

$522,000

Yonkers median home value

RENT AND EQUITY ESTIMATES

$1,760

Median gross rent per month

5.7%

Est. gross rent yield (rent x 12 / value)

Market note: Vacancy is 3.4% and the median home value is $370,400. 26.7% of occupied homes are owner-occupied and 73.3% are renter-occupied. With this many rentals, a large share of potential sellers here are landlords.

New York foreclosure rules and flipping in Yonkers

Yonkers at a glance

212,603

Population (2025 estimate)

46.2%

Homes that are owner-occupied

$501,600

Median owner-occupied home value

$1,784

Median gross rent

$83,549

Median household income

Foreclosure on any Yonkers property means a lawsuit in New York State Supreme Court in Westchester County.

The lender must mail a notice at least 90 days ahead of filing, a court-appointed referee sells the property after judgment, and New York gives the owner no right to reclaim it once that sale is done. Buying a Yonkers house before the auction keeps other bidders out and leaves time for a proper inspection.

Sources: U.S. Census Bureau QuickFacts, Yonkers city, New York (2020 to 2024 American Community Survey; population estimate for July 1, 2025) and state foreclosure law summary.

After judgment, a referee named by the Westchester court conducts the auction, usually at the courthouse. Read the judgment of foreclosure and confirm the published sale date before you commit money to a Yonkers bid.

On a Yonkers flip the money is made at purchase. Build the after-repair value from recent nearby sales, take out repairs, carrying costs and selling costs, and hold back a reserve for surprises; the numbers usually work only with sellers who never listed.

See verified leads

Lining up legal and title help in Yonkers

Title company

Start the title search early. Distressed Yonkers properties, including the many rental buildings, often carry second mortgages, code violation liens or unpaid taxes that must be cleared before you close or resell.

New York attorney

Most New York purchases close with a real estate attorney handling the paperwork. When a Yonkers deal comes out of probate or a foreclosure case, that attorney confirms who has legal authority to sell and which court steps are still pending.

See probate leads

Yonkers flipping errors to avoid

A common Westchester County misstep is treating a newly filed case as an imminent auction. New York foreclosures are judicial, required settlement conferences slow owner-occupied cases, and many run for years, which gives you time to build trust with owners who want a solution.

A Yonkers flip can also sour when the buy price ignores recent sales or the crew falls behind schedule. Price repairs from real contractor bids, ask the city how long permits are running, and decide whether you will sell or rent before you close.

See verified leads

Building a repeatable process

Step 01 · Set up your systemFirst, gather fresh distressed leads on a regular schedule. The next step is estimating the after-repair value and repair budget. Finally, record dates, notes, and next steps for each lead.See foreclosure leads

Step 02 · Track results and sharpen focusOnce you have a few deals done, compare which Yonkers areas sold fastest and with the best margins. Then narrow your focus to the Yonkers ZIP codes and home types that convert.See verified leads

OUTREACH

Reaching Yonkers owners and landlords with care

Yonkers sellers, tired landlords included, have little patience for long pitches. Most want three answers: when you can close, whether they must fix anything, and what they will walk away with. Follow New York rules for mail, calls and texts, and stop contacting anyone who asks.

Get fresh data

Next steps

Ready to begin? Decide on your ZIP codes and price range first, then pick a reliable source of distressed leads such as ForeclosuresDaily.com lead lists, and review new leads consistently.

Current population and housing numbers are available in the Census profile for Yonkers. Then, before any offer goes out, have a contractor, lender, and title company ready to go.

See lead generation

FAQ

Flipping homes in Yonkers, New York: FAQ

Does flipping in Yonkers still pay?

It does when you buy at the right number. Your result on a Yonkers flip depends on the purchase price, the repair budget, how many months you carry the property, and what it resells for, so test each of those against recent sales before you send an offer to any owner.

What are the best sources for Yonkers flip properties?

Strong Yonkers deals usually come off-market: foreclosure filings, probate estates, inherited homes, tax-delinquent owners and landlords ready to exit. With more than half of local homes rented, absentee and landlord leads deserve a close look, since many of those owners would rather sell as-is than fund another round of repairs.

What is a sensible purchase price for a Yonkers flip?

Many flippers use the 70% rule, paying at most 70% of the after-repair value, less repairs. Treat it as a ceiling, not a target, and lower it for your actual financing costs, Yonkers permit timing, and the extra months an older or multifamily building can add to a project.

Why use ForeclosuresDaily.com?

Since 2004, ForeclosuresDaily.com has delivered off-market leads such as foreclosures, probate estates and tax-delinquent properties. Yonkers flippers use them to call or write to motivated owners early, before the house shows up on the market and before other investors start making offers.