23 S 13th 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
Investment property for sale in Mount Vernon at 23 S 13th Avenue, Mount Vernon, NY, 10550 listed at $539,000 pairs $7,108/mo rent with a $2,638/mo payment to leave $3,509/mo cash flow. Total monthly income runs $7,108/mo, and annual cash flow reaches $42,105/yr on $177,331 cash to close. Return on cash invested measures 43.8% in year one, and rental yield registers 15.82% at a $539,000 basis. Equity gained on principal adds $3,478/yr, and annual property appreciation at 5% supports $148,916 by year five. Five-year ROI tracks 231.59% and total cumulative return in cash totals $410,688. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,108/mo property income relative to a $2,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
3,485 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
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Listed by: Georgina T Maynard • Charles Rutenberg Realty, Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6296618
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