16 Rockledge Avenue #5K-1OssiningNY10562
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 16 Rockledge Avenue #5K-1, Ossining, NY, 10562 in Ossining is straightforward: $415,000 in, $3,210/mo in rent, $439/mo out after debt service. The 9.28% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $114,657 by year five. With $3,822/yr in principal equity, the total cumulative return is projected at $186,483.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $439 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,210 |
| Total Monthly Debt Service | $2,606 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
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
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
Condo
Built in 1968
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