316 Richbell Road #C2MamaroneckNY10543
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
Investment Highlights
Investment property for sale in Mamaroneck at 316 Richbell Road #C2, Mamaroneck, NY, 10543 with 5% annual appreciation on a $257,000 basis while $1,840/mo rent supports operations. Total monthly income totals $1,840/mo and a $1,258/mo payment preserves $124/mo for cash returns. Annual cash flow comes to $1,484/yr on $85,196 deployed, and return on cash invested reaches 21.65% in year one. Equity gained on principal adds $1,658/yr, and five-year appreciation sums $71,004 alongside rental yield of 8.59%. Five-year ROI measures 112.82% and total cumulative return in cash totals $96,120.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,840/mo property income versus a $1,258/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10543, Mamaroneck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,047 (100%) |
| Owner Occupied HU | 4,555 (56.6%) |
| Renter Occupied HU | 3,084 (38.3%) |
| Vacant Housing Units | 408 ( 5.1%) |
| Median Home Value | $875,909 |
| Average Home Value | $1,046,666 |
Housing Distribution
Address Breakdown
Residential
7,458
Single Family
4,965
Multi-Family
2,493
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Gutman-Tenner • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls ID: #860017