31 E Vincent StreetElmsfordNY10523
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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 Elmsford at 31 E Vincent Street, Elmsford, NY, 10523 offers $5,040/mo rent that, after a $3,671/mo payment, leaves $32/mo cash flow. Total monthly income is $5,040/mo, and annual cash flow is $378/yr on $246,750 cash. Return on cash invested measures 20.21% in year one, and rental yield stands at 8.06% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 105.09% and total cumulative return in cash reaches $259,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,040/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1962
10,019 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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