1 Lakeview Drive UNIT 3 TPeekskillNY10566
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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 Peekskill at 1 Lakeview Drive UNIT 3 T, Peekskill, NY, 10566 uses $33,813 cash to close to unlock $15,409/yr annual cash flow and $1,284/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $499/mo payment keeps the spread at $1,284/mo. Purchase price stands at $102,000, and rental yield measures 31.76% with $2,700/mo rent. Return on cash invested shows 65.48% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 357.47% and total cumulative return in cash records $120,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $499/mo payment rather than investor’s personal income.
Condo
Built in 1965
19.60 Acres lot
$N/A/sqft
$735 monthly 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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Listed by: Harding Mason • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6322757
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