3 Oakridge DrivePort ChesterNY10573
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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 Port Chester at 3 Oakridge Drive, Port Chester, NY, 10573 listed at $839,000 pairs $6,262/mo rent with a $4,106/mo payment to leave $660/mo cash flow. Total monthly income runs $6,262/mo, and annual cash flow reaches $7,917/yr on $276,031 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 8.96% at a $839,000 basis. Equity gained on principal adds $5,414/yr, and annual property appreciation at 5% supports $231,800 by year five. Five-year ROI tracks 119.64% and total cumulative return in cash totals $330,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,262/mo property income relative to a $4,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10573, Port Chester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,883 (100%) |
| Owner Occupied HU | 7,033 (47.3%) |
| Renter Occupied HU | 6,980 (46.9%) |
| Vacant Housing Units | 870 ( 5.8%) |
| Median Home Value | $699,589 |
| Average Home Value | $846,388 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,119
Multi-Family
3,551
Businesses
1,468
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Listed by: Karen W. Hios • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls ID: #942009