31 Stevenson AvenueCortlandt 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
Investment property for sale in Cortlandt Manor at 31 Stevenson Avenue, Cortlandt Manor, NY, 10567 listed at $690,000 pairs $5,580/mo rent with a $3,377/mo payment to leave $973/mo cash flow. Total monthly income runs $5,580/mo, and annual cash flow reaches $11,670/yr on $227,010 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 9.7% at a $690,000 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,634 by year five. Five-year ROI tracks 131.83% and total cumulative return in cash totals $299,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,580/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
9,135 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: Lori Sheehy • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #946701