281 Garth Road #C3DScarsdaleNY10583
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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 281 Garth Road #C3D, Scarsdale, NY, 10583 earns $157/mo cash flow from $1,126/mo rent with a $710/mo payment. Total monthly income totals $1,126/mo, and annual cash flow totals $1,889/yr on $48,068 capital. ROI tracks 23.84% on current figures, and rental yield reads 9.32% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash sums $59,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,126/mo property income instead of your personal income.
Condo
Built in 1959
2.31 Acres 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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