3 Peck Avenue #313ARyeNY10580
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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 Rye at 3 Peck Avenue #313A, Rye, NY, 10580 uses $122,324 cash to close to unlock $1,943/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $2,626/mo, and a $1,806/mo payment keeps the spread at $162/mo. Purchase price stands at $369,000, and rental yield measures 8.54% with $2,626/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 111.98% and total cumulative return in cash records $136,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,626/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Condo
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10580, Rye, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,035 (100%) |
| Owner Occupied HU | 4,664 (66.3%) |
| Renter Occupied HU | 1,856 (26.4%) |
| Vacant Housing Units | 515 ( 7.3%) |
| Median Home Value | $1,758,545 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
5,196
Multi-Family
1,264
Businesses
633
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Listed by: Laurie E. Burns • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #851393
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