306 Old Country Road #306ElmsfordNY10523
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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 Elmsford at 306 Old Country Road #306, Elmsford, NY, 10523 offers a 8.43% rental yield on a $375,000 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $1,835/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,563/yr on $124,313 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 110.25% and total cumulative return in cash at $137,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10523, Elmsford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,506 (100%) |
| Owner Occupied HU | 1,791 (51.1%) |
| Renter Occupied HU | 1,476 (42.1%) |
| Vacant Housing Units | 239 ( 6.8%) |
| Median Home Value | $642,645 |
| Average Home Value | $693,833 |
Housing Distribution
Address Breakdown
Residential
3,181
Single Family
2,925
Multi-Family
256
Businesses
827
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