23 Fraser StreetPelhamNY10803
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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 Pelham at 23 Fraser Street, Pelham, NY, 10803 priced at $1,400,000 pairs $5,332/mo rent with after a $6,852/mo payment. Total monthly income equals $5,332/mo. Return on cash invested is 9.74% in year one, and rental yield stands at 4.57% on a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and 5% annual appreciation accumulates to $386,794 by year five. Five-year ROI measures 48.9% and total cumulative return in cash reaches $221,791. For financing, Ziffy Mortgage’s DSCR program evaluates $5,332/mo property income against a $6,852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
5,151 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10803, Pelham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,860 (100%) |
| Owner Occupied HU | 3,540 (72.8%) |
| Renter Occupied HU | 1,095 (22.5%) |
| Vacant Housing Units | 225 ( 4.6%) |
| Median Home Value | $962,888 |
| Average Home Value | $1,085,739 |
Housing Distribution
Address Breakdown
Residential
4,392
Single Family
3,419
Multi-Family
973
Businesses
509
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