1840 Crompond Road #7B8PeekskillNY10566
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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
Investment property for sale in Peekskill at 1840 Crompond Road #7B8, Peekskill, NY, 10566 offers a 9.44% rental yield on a $135,000 purchase with $1,062/mo rent. Total monthly income registers $1,062/mo, and a $661/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,923/yr on $44,753 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 126.62% and total cumulative return in cash at $56,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,062/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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