16 Rockledge Avenue Unit 4A-1OssiningNY10562
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
Rental property for sale in Ossining at 16 Rockledge Avenue Unit 4A-1, Ossining, NY, 10562 generates $2,880/mo in rent, after a $1,581/mo payment. Total monthly income is $2,880/mo. Return on cash invested sits at 9.53% in year one, and rental yield is 10.7% on a $323,000 entry. Equity gained on principal adds $2,084/yr, while 5% annual appreciation builds toward $89,239 over five years. Five-year ROI reaches 54.52% and total cumulative return in cash sums $58,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Condo
Built in 1968
12.70 Acres lot
$N/A/sqft
$1,649 monthly 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
Listed by: Marco Ricchiuti • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #836328
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 2025 OneKey MLS. All rights reserved.