195 Larchmont AveLarchmontNY10538
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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 Larchmont at 195 Larchmont Ave, Larchmont, NY, 10538 generates $9,067/mo in rent, after a $9,131/mo payment. Total monthly income is $9,067/mo. Return on cash invested sits at 13.64% in year one, and rental yield is 5.83% on a $1,865,500 entry. Equity gained on principal adds $12,038/yr, while 5% annual appreciation builds toward $515,403 over five years. Five-year ROI reaches 69.78% and total cumulative return in cash sums $421,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,067/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10538, Larchmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 4,875 (72.3%) |
| Renter Occupied HU | 1,457 (21.6%) |
| Vacant Housing Units | 415 ( 6.2%) |
| Median Home Value | $1,241,260 |
| Average Home Value | $1,309,190 |
Housing Distribution
Address Breakdown
Residential
6,604
Single Family
4,624
Multi-Family
1,980
Businesses
730
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