2 Merion CourtCortlandt ManorNY10567
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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 Cortlandt Manor at 2 Merion Court, Cortlandt Manor, NY, 10567 at $829,000 posts ROI 16.82% with from $4,800/mo rent. Total monthly income equals $4,800/mo. Return on cash invested measures 16.82% and rental yield reads 6.95% at the current $829,000. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 by year five. Five-year ROI prints 86.89% and total cumulative return in cash totals $236,992. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10567, Cortlandt Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 5,858 (81.1%) |
| Renter Occupied HU | 861 (11.9%) |
| Vacant Housing Units | 502 ( 7.0%) |
| Median Home Value | $589,979 |
| Average Home Value | $635,451 |
Housing Distribution
Address Breakdown
Residential
6,775
Single Family
6,613
Multi-Family
162
Businesses
328
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Listed by: Arben Gecaj • Real Broker NY LLC
Mls Name: OneKey MLS
Mls ID: #930294