150 Overlook Avenue UNIT 1 BPeekskillNY10566
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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 Peekskill at 150 Overlook Avenue UNIT 1 B, Peekskill, NY, 10566 priced at $122,500 pairs $2,700/mo rent with $1,034/mo cash flow after a $600/mo payment. Total monthly income equals $2,700/mo, and annual cash flow comes to $12,402/yr on $40,609 invested. Return on cash invested is 50.45% in year one, and rental yield stands at 26.45% on a $122,500 basis. Equity gained on principal adds $790/yr, and 5% annual appreciation accumulates to $33,844 by year five. Five-year ROI measures 276.41% and total cumulative return in cash reaches $112,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $600/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
$848 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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Listed by: Sara C Reel • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6324905
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.