11 Park Avenue #5FMount VernonNY10550
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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 11 Park Avenue #5F, Mount Vernon, NY, 10550 offers $1,151/mo rent that, after a $734/mo payment, leaves $150/mo cash flow. Total monthly income is $1,151/mo, and annual cash flow is $1,794/yr on $49,725 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 9.21% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 122.87% and total cumulative return in cash reaches $61,098. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,151/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1968
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10550, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,298 (100%) |
| Owner Occupied HU | 3,520 (21.6%) |
| Renter Occupied HU | 11,383 (69.8%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $539,898 |
| Average Home Value | $571,941 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
5,493
Multi-Family
8,006
Businesses
1,575
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Listed by: Corey Glover • Hollingsworth Real Estate Grp.
Mls Name: OneKey MLS
Mls ID: #928068