15 Prospect AvenueArdsleyNY10502
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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 Ardsley at 15 Prospect Avenue, Ardsley, NY, 10502 offers a 11.65% rental yield on a $785,000 purchase with $7,620/mo rent. Total monthly income registers $7,620/mo, and a $3,842/mo payment leaves $2,378/mo available for distribution. Annual cash flow reaches $28,537/yr on $258,265 to close, and return on cash invested stands at 31.11% in year one. Equity gained on principal adds $5,065/yr while 5% annual appreciation supports $216,881 over five years. Portfolio math shows five-year ROI at 163.53% and total cumulative return in cash at $422,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,620/mo property income against a $3,842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10502, Ardsley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,255 (100%) |
| Owner Occupied HU | 1,850 (82.0%) |
| Renter Occupied HU | 311 (13.8%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $855,758 |
| Average Home Value | $929,900 |
Housing Distribution
Address Breakdown
Residential
2,074
Single Family
1,810
Multi-Family
264
Businesses
281
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