239 Lake StreetWest HarrisonNY10604
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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 West Harrison at 239 Lake Street, West Harrison, NY, 10604 with 5% annual appreciation on a $879,000 basis while $8,100/mo rent supports operations. Total monthly income totals $8,100/mo and a $4,302/mo payment preserves $2,230/mo for cash returns. Annual cash flow comes to $26,765/yr on $289,191 deployed, and return on cash invested reaches 29.32% in year one. Equity gained on principal adds $5,672/yr, and five-year appreciation sums $242,851 alongside rental yield of 11.06%. Five-year ROI measures 153.9% and total cumulative return in cash totals $445,074.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,100/mo property income versus a $4,302/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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Listed by: Debra S. Padawer • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #869680