118 Underhill LanePeekskillNY10566








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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 Peekskill at 118 Underhill Lane, Peekskill, NY, 10566 priced at $749,900 pairs $4,379/mo rent with after a $3,670/mo payment. Total monthly income equals $4,379/mo. Return on cash invested is 17% in year one, and rental yield stands at 7.01% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 87.87% and total cumulative return in cash reaches $216,802. For financing, Ziffy Mortgage’s DSCR program evaluates $4,379/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2003
39 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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