22 Monroe StMount VernonNY10550
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 22 Monroe St, Mount Vernon, NY, 10550 uses $165,419 cash to close to unlock $3,205/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $3,599/mo, and a $2,442/mo payment keeps the spread at $267/mo. Purchase price stands at $499,000, and rental yield measures 8.65% with $3,599/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 113.89% and total cumulative return in cash records $188,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,599/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
4,791 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Barbaccia • Brix Real Estate Advisors
Mls Name: NY State MLS
Mls ID: #11452906