220 Chestnut Street #2KPort ChesterNY10573
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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 Port Chester at 220 Chestnut Street #2K, Port Chester, NY, 10573 generates $1,090/mo in rent and, after a $680/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,090/mo, and annual cash flow is $1,945/yr on $46,079 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 9.41% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 126.25% and total cumulative return in cash sums $58,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,090/mo property income rather than buyer’s personal income.
Condo
Built in 1973
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10573, Port Chester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,883 (100%) |
| Owner Occupied HU | 7,033 (47.3%) |
| Renter Occupied HU | 6,980 (46.9%) |
| Vacant Housing Units | 870 ( 5.8%) |
| Median Home Value | $699,589 |
| Average Home Value | $846,388 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,119
Multi-Family
3,551
Businesses
1,468
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Listed by: Miriam E. Dunn • RE/MAX Prime Properties
Mls Name: OneKey MLS
Mls ID: #927359