1612 Old Country RoadElmsfordNY10523
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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 Elmsford at 1612 Old Country Road, Elmsford, NY, 10523 generates $2,933/mo in rent, after a $1,953/mo payment. Total monthly income is $2,933/mo. Return on cash invested sits at 17.94% in year one, and rental yield is 8.82% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 94.56% and total cumulative return in cash sums $125,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,933/mo property income rather than buyer’s personal income.
Condo
Built in 1965
436 sqft lot
$N/A/sqft
$485 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10523, Elmsford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,506 (100%) |
| Owner Occupied HU | 1,791 (51.1%) |
| Renter Occupied HU | 1,476 (42.1%) |
| Vacant Housing Units | 239 ( 6.8%) |
| Median Home Value | $642,645 |
| Average Home Value | $693,833 |
Housing Distribution
Address Breakdown
Residential
3,181
Single Family
2,925
Multi-Family
256
Businesses
827
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Listed by: Jose Mathew • CENTURY 21 ROYAL
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #819783
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