131 Spring StreetOssiningNY10562
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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 131 Spring Street, Ossining, NY, 10562 with 5% annual appreciation on a $899,000 basis while $9,000/mo rent supports operations. Total monthly income totals $9,000/mo and a $4,400/mo payment preserves $2,997/mo for cash returns. Annual cash flow comes to $35,961/yr on $295,771 deployed, and return on cash invested reaches 32.22% in year one. Equity gained on principal adds $5,801/yr, and five-year appreciation sums $248,377 alongside rental yield of 12.01%. Five-year ROI measures 169.46% and total cumulative return in cash totals $501,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,000/mo property income versus a $4,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1930
3,049 sqft 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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