265 Summit AvenueMount VernonNY10552
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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 265 Summit Avenue, Mount Vernon, NY, 10552 earns from $6,630/mo rent with a $5,873/mo payment. Total monthly income totals $6,630/mo. ROI tracks 16.1% on current figures, and rental yield reads 6.63% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 82.98% and total cumulative return in cash sums $322,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,630/mo property income instead of your personal income.
Multi Family
Built in 1930
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10552, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,179 (100%) |
| Owner Occupied HU | 4,854 (52.9%) |
| Renter Occupied HU | 3,771 (41.1%) |
| Vacant Housing Units | 554 ( 6.0%) |
| Median Home Value | $576,954 |
| Average Home Value | $576,550 |
Housing Distribution
Address Breakdown
Residential
9,029
Single Family
3,518
Multi-Family
5,511
Businesses
295
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Listed by: Monique Johnson • Greater Metro Realty Group LLC
Mls Name: OneKey MLS
Mls ID: #935683