253 Garth Road #4EScarsdaleNY10583
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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 Scarsdale at 253 Garth Road #4E, Scarsdale, NY, 10583 with 5% annual appreciation on a $145,000 basis while $1,103/mo rent supports operations. Total monthly income totals $1,103/mo and a $710/mo payment preserves $134/mo for cash returns. Annual cash flow comes to $1,613/yr on $48,068 deployed, and return on cash invested reaches 23.26% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.13%. Five-year ROI measures 121.57% and total cumulative return in cash totals $58,436.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,103/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10583, Scarsdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 11,995 (82.1%) |
| Renter Occupied HU | 1,907 (13.0%) |
| Vacant Housing Units | 716 ( 4.9%) |
| Median Home Value | $1,134,279 |
| Average Home Value | $1,231,452 |
Housing Distribution
Address Breakdown
Residential
14,496
Single Family
11,095
Multi-Family
3,401
Businesses
1,286
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Listed by: Maryann L. Petrescu • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #840880
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