1 Cherry LaneScarsdaleNY10583
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Ziffy AI Summary
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 Scarsdale at 1 Cherry Lane, Scarsdale, NY, 10583 listed at $1,049,000 pairs $3,811/mo rent with a $5,134/mo payment. Total monthly income runs $3,811/mo. Return on cash invested measures 9.09% in year one, and rental yield registers 4.36% at a $1,049,000 basis. Equity gained on principal adds $6,769/yr, and annual property appreciation at 5% supports $289,819 by year five. Five-year ROI tracks 45.41% and total cumulative return in cash totals $154,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,811/mo property income relative to a $5,134/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10583, Scarsdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 11,995 (82.1%) |
| Renter Occupied HU | 1,907 (13.0%) |
| Vacant Housing Units | 716 ( 4.9%) |
| Median Home Value | $1,134,279 |
| Average Home Value | $1,231,452 |
Housing Distribution
Address Breakdown
Residential
14,496
Single Family
11,095
Multi-Family
3,401
Businesses
1,286
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