29 Bell AvenueMount VernonNY10550
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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
Rental property for sale in Mount Vernon at 29 Bell Avenue, Mount Vernon, NY, 10550 priced at $600,000 converts $3,239/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,239/mo. Return on cash invested prints 15.39% in year one, and rental yield reads 6.48% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 79.22% and total cumulative return in cash sums $156,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,239/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10550, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,298 (100%) |
| Owner Occupied HU | 3,520 (21.6%) |
| Renter Occupied HU | 11,383 (69.8%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $539,898 |
| Average Home Value | $571,941 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
5,493
Multi-Family
8,006
Businesses
1,575
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Listed by: Kris J. Lippi • Get Listed Realty LLC
Mls Name: OneKey MLS
Mls ID: #949732