3003 E Main StreetCortlandt ManorNY10567
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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 Cortlandt Manor at 3003 E Main Street, Cortlandt Manor, NY, 10567 generates $2,720/mo in rent, after a $2,105/mo payment. Total monthly income is $2,720/mo. Return on cash invested sits at 18.63% in year one, and rental yield is 7.59% on a $429,999 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 96.65% and total cumulative return in cash sums $137,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
10,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10567, Cortlandt Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 5,858 (81.1%) |
| Renter Occupied HU | 861 (11.9%) |
| Vacant Housing Units | 502 ( 7.0%) |
| Median Home Value | $589,979 |
| Average Home Value | $635,451 |
Housing Distribution
Address Breakdown
Residential
6,775
Single Family
6,613
Multi-Family
162
Businesses
328
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Listed by: Warren Mitchell • Opulence Realty Group
Mls Name: OneKey MLS
Mls ID: #921229