313 6th AvePelhamNY10803
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 313 6th Ave, Pelham, NY, 10803 in Pelham is listed at $899,000 and delivers $6,238/mo in rent and $234/mo in net monthly cash flow. The 8.33% yield and 1.54 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $248,377 over five years, and $8,280/yr in principal reduction supplements cash return. Total projected cumulative return: $357,908.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $234 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,238 |
| Total Monthly Debt Service | $5,646 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10803, Pelham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,860 (100%) |
| Owner Occupied HU | 3,540 (72.8%) |
| Renter Occupied HU | 1,095 (22.5%) |
| Vacant Housing Units | 225 ( 4.6%) |
| Median Home Value | $962,888 |
| Average Home Value | $1,085,739 |
Housing Distribution
Address Breakdown
Residential
4,392
Single Family
3,419
Multi-Family
973
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10803, Pelham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,860 (100%) |
| Owner Occupied HU | 3,540 (72.8%) |
| Renter Occupied HU | 1,095 (22.5%) |
| Vacant Housing Units | 225 ( 4.6%) |
| Median Home Value | $962,888 |
| Average Home Value | $1,085,739 |
Housing Distribution
Address Breakdown
Residential
4,392
Single Family
3,419
Multi-Family
973
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices