102 Lawn Terrace #2BMamaroneckNY10543
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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 Mamaroneck at 102 Lawn Terrace #2B, Mamaroneck, NY, 10543 generates $1,849/mo in rent and, after a $1,317/mo payment, leaves $52/mo in cash flow. Total monthly income is $1,849/mo, and annual cash flow is $627/yr on $89,174 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 8.25% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash sums $95,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10543, Mamaroneck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,047 (100%) |
| Owner Occupied HU | 4,555 (56.6%) |
| Renter Occupied HU | 3,084 (38.3%) |
| Vacant Housing Units | 408 ( 5.1%) |
| Median Home Value | $875,909 |
| Average Home Value | $1,046,666 |
Housing Distribution
Address Breakdown
Residential
7,458
Single Family
4,965
Multi-Family
2,493
Businesses
1,010
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Listed by: Daniel Berger • RE/MAX Prestige Properties
Mls Name: OneKey MLS
Mls ID: #907121