18 Prospect StreetElmsfordNY10523
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 18 Prospect Street, Elmsford, NY, 10523 in Elmsford: $7,040/mo in rent, $1,772/mo net, 10.71% gross yield, all on a $789,000 acquisition. The 1.98 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $217,986 in value, and $7,267/yr in principal paydown steadily builds equity. Projected total cumulative return: $414,799.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $1,772 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $7,040 |
| Total Monthly Debt Service | $4,955 |
| DSCR Ratio | 1.42x |
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.
Single Family
Built in 2008
6,693 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 2008
6,693 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices