101 Ellwood Avenue #6HMount VernonNY10552
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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 Mount Vernon at 101 Ellwood Avenue #6H, Mount Vernon, NY, 10552 generates $1,485/mo in rent and, after a $954/mo payment, leaves $183/mo in cash flow. Total monthly income is $1,485/mo, and annual cash flow is $2,199/yr on $64,643 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.14% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $78,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,485/mo property income rather than buyer’s personal income.
Condo
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10552, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,179 (100%) |
| Owner Occupied HU | 4,854 (52.9%) |
| Renter Occupied HU | 3,771 (41.1%) |
| Vacant Housing Units | 554 ( 6.0%) |
| Median Home Value | $576,954 |
| Average Home Value | $576,550 |
Housing Distribution
Address Breakdown
Residential
9,029
Single Family
3,518
Multi-Family
5,511
Businesses
295
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Listed by: Sidney Walker • Weichert Realtors Heritage Pro
Mls Name: OneKey MLS
Mls ID: #941854