1 Lakeview Drive #LL5PeekskillNY10566
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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
Rental property for sale in Peekskill at 1 Lakeview Drive #LL5, Peekskill, NY, 10566 generates $860/mo in rent and, after a $534/mo payment, leaves $132/mo in cash flow. Total monthly income is $860/mo, and annual cash flow is $1,579/yr on $36,134 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.47% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 126.96% and total cumulative return in cash sums $45,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $860/mo property income rather than buyer’s personal income.
Condo
Built in 1965
19.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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