116 North StreetRyeNY10580
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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 Rye at 116 North Street, Rye, NY, 10580 earns from $5,476/mo rent with a $7,293/mo payment. Total monthly income totals $5,476/mo. ROI tracks 9.25% on current figures, and rental yield reads 4.41% at a $1,490,000 purchase. Equity gained on principal adds $9,615/yr, and 5% annual appreciation supports $411,660 over five years. Five-year ROI reaches 46.23% and total cumulative return in cash sums $223,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,476/mo property income instead of your personal income.
Single Family
Built in 1958
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10580, Rye, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,035 (100%) |
| Owner Occupied HU | 4,664 (66.3%) |
| Renter Occupied HU | 1,856 (26.4%) |
| Vacant Housing Units | 515 ( 7.3%) |
| Median Home Value | $1,758,545 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
5,196
Multi-Family
1,264
Businesses
633
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