239 Lake StreetWest HarrisonNY10604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 239 Lake Street, West Harrison, NY, 10604 in West Harrison speaks for itself: 11.06% gross on a $879,000 price, generating $8,100/mo in rent and $2,230/mo in net income after the $3,953/mo debt service. DSCR 2.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,762 stacks alongside $242,851 in projected five-year appreciation and $8,096/yr in principal reduction. Projected total cumulative return: $478,685.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $2,230 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $8,100 |
| Total Monthly Debt Service | $5,520 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10604, West Harrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 2,652 (50.2%) |
| Renter Occupied HU | 2,091 (39.6%) |
| Vacant Housing Units | 536 (10.2%) |
| Median Home Value | $866,523 |
| Average Home Value | $1,037,238 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,005
Multi-Family
1,514
Businesses
520
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
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10604, West Harrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 2,652 (50.2%) |
| Renter Occupied HU | 2,091 (39.6%) |
| Vacant Housing Units | 536 (10.2%) |
| Median Home Value | $866,523 |
| Average Home Value | $1,037,238 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,005
Multi-Family
1,514
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra S. Padawer • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #869680