16 Rockledge Ave APT 4MM2OssiningNY10562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ossining at 16 Rockledge Ave APT 4MM2, Ossining, NY, 10562 earns $1,264/mo cash flow from $2,641/mo rent with a $1,009/mo payment. Total monthly income totals $2,641/mo, and annual cash flow totals $15,171/yr on $68,355 capital. ROI tracks 42.1% on current figures, and rental yield reads 15.37% at a $206,200 purchase. Equity gained on principal adds $1,331/yr, and 5% annual appreciation supports $56,969 over five years. Five-year ROI reaches 222.55% and total cumulative return in cash sums $152,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,641/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10562, Ossining, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,526 (100%) |
| Owner Occupied HU | 6,967 (55.6%) |
| Renter Occupied HU | 4,886 (39.0%) |
| Vacant Housing Units | 673 ( 5.4%) |
| Median Home Value | $548,651 |
| Average Home Value | $586,140 |
Housing Distribution
Address Breakdown
Residential
11,323
Single Family
8,534
Multi-Family
2,789
Businesses
723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices