21 S 8th AveMount VernonNY10550
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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 Mount Vernon at 21 S 8th Ave, Mount Vernon, NY, 10550 earns $116/mo cash flow from $2,386/mo rent with a $1,664/mo payment. Total monthly income totals $2,386/mo, and annual cash flow totals $1,388/yr on $112,710 capital. ROI tracks 21.14% on current figures, and rental yield reads 8.42% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 110.09% and total cumulative return in cash sums $124,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,386/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10550, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,298 (100%) |
| Owner Occupied HU | 3,520 (21.6%) |
| Renter Occupied HU | 11,383 (69.8%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $539,898 |
| Average Home Value | $571,941 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
5,493
Multi-Family
8,006
Businesses
1,575
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Listed by: Jeffrey Vassel • SOVERIGN HOMES REALTY INC
Mls Name: NY State MLS
Mls ID: #11605427