153 Mott AveInwoodNY11096
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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 Inwood at 153 Mott Ave, Inwood, NY, 11096 priced at $699,999 converts $4,399/mo rent into after a $3,426/mo obligation. Total monthly income equals $4,399/mo. Return on cash invested prints 18.63% in year one, and rental yield reads 7.54% against a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 96.57% and total cumulative return in cash sums $222,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,399/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Multi Family
Built in 1914
3,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11096, Inwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,959 (100%) |
| Owner Occupied HU | 1,173 (39.6%) |
| Renter Occupied HU | 1,643 (55.5%) |
| Vacant Housing Units | 143 ( 4.8%) |
| Median Home Value | $657,675 |
| Average Home Value | $757,796 |
Housing Distribution
Address Breakdown
Residential
2,286
Single Family
2,100
Multi-Family
186
Businesses
401
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