29 Meadow Hill PlaceArmonkNY10504
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Armonk rentals match the income profile of 29 Meadow Hill Place, Armonk, NY, 10504. Listed at $1,795,000, gross rent is $31,104/mo and net cash flow is $19,117/mo, a 20.79% yield well above national averages. DSCR 3.85 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $495,925 by year five with $16,532/yr in annual principal reduction, projecting $1,914,651 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 20.8% | 6.2% |
| Monthly Cash Flow | $19,117 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $31,104 |
| Total Monthly Debt Service | $11,273 |
| DSCR Ratio | 2.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
2.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10504, Armonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,840 (100%) |
| Owner Occupied HU | 2,371 (83.5%) |
| Renter Occupied HU | 307 (10.8%) |
| Vacant Housing Units | 162 ( 5.7%) |
| Median Home Value | $1,252,281 |
| Average Home Value | $1,380,668 |
Housing Distribution
Address Breakdown
Residential
2,775
Single Family
2,644
Multi-Family
131
Businesses
532
Nearby investment properties with comparable rents
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
Single Family
Built in 1984
2.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10504, Armonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,840 (100%) |
| Owner Occupied HU | 2,371 (83.5%) |
| Renter Occupied HU | 307 (10.8%) |
| Vacant Housing Units | 162 ( 5.7%) |
| Median Home Value | $1,252,281 |
| Average Home Value | $1,380,668 |
Housing Distribution
Address Breakdown
Residential
2,775
Single Family
2,644
Multi-Family
131
Businesses
532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices