16 Scenic Drive #SCroton On HudsonNY10520
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 Croton On Hudson at 16 Scenic Drive #S, Croton On Hudson, NY, 10520 offers $873/mo rent that, after a $538/mo payment, leaves $139/mo cash flow. Total monthly income is $873/mo, and annual cash flow is $1,666/yr on $36,465 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.52% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 128.01% and total cumulative return in cash reaches $46,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $873/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10520, Croton On Hudson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,509 (100%) |
| Owner Occupied HU | 3,394 (61.6%) |
| Renter Occupied HU | 1,812 (32.9%) |
| Vacant Housing Units | 303 ( 5.5%) |
| Median Home Value | $713,396 |
| Average Home Value | $756,221 |
Housing Distribution
Address Breakdown
Residential
5,252
Single Family
4,560
Multi-Family
692
Businesses
398
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Listed by: Valeria Fratta • BHHS River Towns Real Estate
Mls Name: OneKey MLS
Mls ID: #935986