281 Garth Road UNIT B3HScarsdaleNY10583
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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
Investment Highlights
Investment property for sale in Scarsdale at 281 Garth Road UNIT B3H, Scarsdale, NY, 10583 at $169,999 posts ROI 29.1% with $432/mo cash flow from $2,760/mo rent. Total monthly income equals $2,760/mo, and annual cash flow records $5,182/yr on $56,355 to close. Return on cash invested measures 29.1% and rental yield reads 19.48% at the current $169,999. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 162.02% and total cumulative return in cash totals $91,305.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1959
2.31 Acres lot
$N/A/sqft
$1,193 monthly 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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Nearby investment properties with comparable prices
Listed by: Julia Ricciuti • RE/MAX Prime Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6321302
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