142 N Terrace AvenueMount VernonNY10550
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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 Mount Vernon at 142 N Terrace Avenue, Mount Vernon, NY, 10550 with 5% annual appreciation on a $995,000 basis while $3,239/mo rent supports operations. 58% in year one. Equity gained on principal adds $6,421/yr, and five-year appreciation sums $274,900 alongside rental yield of 3.91%. Five-year ROI measures 37.32% and total cumulative return in cash totals $122,178. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,239/mo property income versus a $4,870/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1940
3,315 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10550, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,298 (100%) |
| Owner Occupied HU | 3,520 (21.6%) |
| Renter Occupied HU | 11,383 (69.8%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $539,898 |
| Average Home Value | $571,941 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
5,493
Multi-Family
8,006
Businesses
1,575
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Listed by: Daniel Feder • Bayview Realty
Mls Name: OneKey MLS
Mls ID: #952048