15 Roosevelt AvenueRyeNY10580
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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 Rye at 15 Roosevelt Avenue, Rye, NY, 10580 priced at $1,575,000 converts $4,778/mo rent into after a $7,709/mo obligation. Total monthly income equals $4,778/mo. Return on cash invested prints 6.87% in year one, and rental yield reads 3.64% against a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation compiles into $435,143 by year five. Five-year ROI reaches 33.49% and total cumulative return in cash sums $170,918. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,778/mo property income covering a $7,709/mo payment, not borrower’s personal income.
Single Family
Built in 1923
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10580, Rye, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,035 (100%) |
| Owner Occupied HU | 4,664 (66.3%) |
| Renter Occupied HU | 1,856 (26.4%) |
| Vacant Housing Units | 515 ( 7.3%) |
| Median Home Value | $1,758,545 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
5,196
Multi-Family
1,264
Businesses
633
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