20 William Street #4HMount VernonNY10552
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
Investment Highlights
Investment property for sale in Mount Vernon at 20 William Street #4H, Mount Vernon, NY, 10552 listed at $182,500 pairs $1,385/mo rent with a $893/mo payment to leave $167/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $1,998/yr on $60,499 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 9.11% at a $182,500 basis. Equity gained on principal adds $1,178/yr, and annual property appreciation at 5% supports $50,421 by year five. Five-year ROI tracks 121.23% and total cumulative return in cash totals $73,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1939
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10552, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,179 (100%) |
| Owner Occupied HU | 4,854 (52.9%) |
| Renter Occupied HU | 3,771 (41.1%) |
| Vacant Housing Units | 554 ( 6.0%) |
| Median Home Value | $576,954 |
| Average Home Value | $576,550 |
Housing Distribution
Address Breakdown
Residential
9,029
Single Family
3,518
Multi-Family
5,511
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette M. Gould • Gould Properties & Management
Mls Name: OneKey MLS
Mls ID: #917769