290 Collins Ave #3BMount 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 290 Collins Ave #3B, Mount Vernon, NY, 10552 earns $167/mo cash flow from $2,604/mo rent with a $1,786/mo payment. Total monthly income totals $2,604/mo, and annual cash flow totals $2,005/yr on $120,998 capital. ROI tracks 21.57% on current figures, and rental yield reads 8.56% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 112.39% and total cumulative return in cash sums $135,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,604/mo property income instead of your personal income.
Condo
Built in 1949
N/A 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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Nearby investment properties with comparable prices
Listed by: Kevin W. Tucker Jr • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #890839
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