2 Forest PlaceLarchmontNY10538
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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 2 Forest Place, Larchmont, NY, 10538 priced at $925,000 pairs $6,707/mo rent with $530/mo cash flow after a $4,527/mo payment. Total monthly income equals $6,707/mo, and annual cash flow comes to $6,365/yr on $304,325 invested. Return on cash invested is 22.15% in year one, and rental yield stands at 8.7% on a $925,000 basis. Equity gained on principal adds $5,969/yr, and 5% annual appreciation accumulates to $255,560 by year five. Five-year ROI measures 115.48% and total cumulative return in cash reaches $351,445. For financing, Ziffy Mortgage’s DSCR program evaluates $6,707/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
7,405 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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