203 Travers AvenueMamaroneckNY10543
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
Rental property for sale in Mamaroneck at 203 Travers Avenue, Mamaroneck, NY, 10543 priced at $700,000 converts $3,821/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,821/mo. Return on cash invested prints 15.61% in year one, and rental yield reads 6.55% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 80.42% and total cumulative return in cash sums $185,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,821/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1925
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10543, Mamaroneck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,047 (100%) |
| Owner Occupied HU | 4,555 (56.6%) |
| Renter Occupied HU | 3,084 (38.3%) |
| Vacant Housing Units | 408 ( 5.1%) |
| Median Home Value | $875,909 |
| Average Home Value | $1,046,666 |
Housing Distribution
Address Breakdown
Residential
7,458
Single Family
4,965
Multi-Family
2,493
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Shea • Keller Williams NY Realty
Mls Name: OneKey MLS
Mls ID: #897812