309 Scarborough RoadBriarcliff ManorNY10510
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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 Briarcliff Manor at 309 Scarborough Road, Briarcliff Manor, NY, 10510 offers a 11.08% rental yield on a $975,000 purchase with $9,000/mo rent. Total monthly income registers $9,000/mo, and a $4,772/mo payment leaves $2,489/mo available for distribution. Annual cash flow reaches $29,871/yr on $320,775 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Portfolio math shows five-year ROI at 154.21% and total cumulative return in cash at $494,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,000/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10510, Briarcliff Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,063 (100%) |
| Owner Occupied HU | 3,123 (76.9%) |
| Renter Occupied HU | 544 (13.4%) |
| Vacant Housing Units | 396 ( 9.7%) |
| Median Home Value | $864,243 |
| Average Home Value | $1,003,873 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,190
Multi-Family
568
Businesses
493
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Listed by: Susan S. Code • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #948883