14 N Chatsworth Avenue #2GLarchmontNY10538
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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 Larchmont at 14 N Chatsworth Avenue #2G, Larchmont, NY, 10538 priced at $459,000 converts $3,427/mo rent into $361/mo cash flow after a $2,247/mo obligation. Total monthly income equals $3,427/mo, and annual cash flow totals $4,337/yr on $152,159 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 8.96% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 118.79% and total cumulative return in cash sums $180,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,427/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Condo
Built in 1927
430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10538, Larchmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 4,875 (72.3%) |
| Renter Occupied HU | 1,457 (21.6%) |
| Vacant Housing Units | 415 ( 6.2%) |
| Median Home Value | $1,241,260 |
| Average Home Value | $1,309,190 |
Housing Distribution
Address Breakdown
Residential
6,604
Single Family
4,624
Multi-Family
1,980
Businesses
730
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