219 S Sixth AvenueMount 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
Rental property for sale in Mount Vernon at 219 S Sixth Avenue, Mount Vernon, NY, 10550 priced at $600,000 pairs $3,965/mo rent with after a $2,937/mo payment. Total monthly income equals $3,965/mo. Return on cash invested is 19.8% in year one, and rental yield stands at 7.93% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 102.89% and total cumulative return in cash reaches $203,100. For financing, Ziffy Mortgage’s DSCR program evaluates $3,965/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
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: Grace M. Mons • Five Corners Properties Inc
Mls Name: OneKey MLS
Mls ID: #954836