1 Gilbert StreetCortlandt ManorNY10567
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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 Cortlandt Manor at 1 Gilbert Street, Cortlandt Manor, NY, 10567 with 5% annual appreciation on a $398,000 basis while $2,663/mo rent supports operations. Total monthly income totals $2,663/mo and a $1,948/mo payment preserves $5/mo for cash returns. Annual cash flow comes to $63/yr on $131,937 deployed, and return on cash invested reaches 19.96% in year one. Equity gained on principal adds $2,568/yr, and five-year appreciation sums $109,960 alongside rental yield of 8.03%. Five-year ROI measures 103.77% and total cumulative return in cash totals $136,908.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,663/mo property income versus a $1,948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
7,821 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10567, Cortlandt Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 5,858 (81.1%) |
| Renter Occupied HU | 861 (11.9%) |
| Vacant Housing Units | 502 ( 7.0%) |
| Median Home Value | $589,979 |
| Average Home Value | $635,451 |
Housing Distribution
Address Breakdown
Residential
6,775
Single Family
6,613
Multi-Family
162
Businesses
328
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Listed by: Cecilia Feng • BHHS River Towns Real Estate
Mls Name: OneKey MLS
Mls ID: #956603