115 Union AveMount 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 115 Union Ave, Mount Vernon, NY, 10550 offers $3,221/mo rent that, after a $3,796/mo payment. Total monthly income is $3,221/mo. Return on cash invested measures 10.85% in year one, and rental yield stands at 4.98% at a $775,500 entry. Equity gained on principal adds $5,004/yr while 5% annual appreciation compounds into $214,256 by year five. Five-year ROI records 54.9% and total cumulative return in cash reaches $140,060. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,221/mo property income versus a $3,796/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
4,791 sqft 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: N/A • N/A
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Mls ID: #N/A