123-3 South Highland Avenue #B3OssiningNY10562
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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 123-3 South Highland Avenue #B3, Ossining, NY, 10562 offers a 8.58% rental yield on a $224,000 purchase with $1,602/mo rent. Total monthly income registers $1,602/mo, and a $1,096/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,278/yr on $74,256 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $1,445/yr while 5% annual appreciation supports $61,887 over five years. Portfolio math shows five-year ROI at 112.73% and total cumulative return in cash at $83,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,602/mo property income against a $1,096/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
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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