209 Grand StMamaroneckNY10543
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 Mamaroneck at 209 Grand St, Mamaroneck, NY, 10543 uses $143,871 cash to close to unlock $15,324/yr annual cash flow and $1,277/mo monthly cash flow. Total monthly income runs $4,175/mo, and a $2,124/mo payment keeps the spread at $1,277/mo. Purchase price stands at $434,000, and rental yield measures 11.54% with $4,175/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $119,906 over five years. Five-year ROI reaches 160.63% and total cumulative return in cash records $231,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,175/mo property income covering a $2,124/mo payment rather than investor’s personal income.
Multi Family
Built in 1933
N/A 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: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #856909