121 S Highland Avenue #5JOssiningNY10562
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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 Ossining at 121 S Highland Avenue #5J, Ossining, NY, 10562 uses $54,366 cash to close to unlock $19,038/yr annual cash flow and $1,587/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $803/mo payment keeps the spread at $1,587/mo. Purchase price stands at $164,000, and rental yield measures 19.62% with $2,682/mo rent. Return on cash invested shows 54.93% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 291.33% and total cumulative return in cash records $158,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $803/mo payment rather than investor’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10562, Ossining, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,526 (100%) |
| Owner Occupied HU | 6,967 (55.6%) |
| Renter Occupied HU | 4,886 (39.0%) |
| Vacant Housing Units | 673 ( 5.4%) |
| Median Home Value | $548,651 |
| Average Home Value | $586,140 |
Housing Distribution
Address Breakdown
Residential
11,323
Single Family
8,534
Multi-Family
2,789
Businesses
723
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