323 Wagner AvenueMamaroneckNY10543
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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 Mamaroneck at 323 Wagner Avenue, Mamaroneck, NY, 10543 priced at $1,000,000 converts $3,775/mo rent into after a $4,895/mo obligation. Total monthly income equals $3,775/mo. Return on cash invested prints 9.47% in year one, and rental yield reads 4.53% against a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,282 by year five. Five-year ROI reaches 47.48% and total cumulative return in cash sums $156,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,775/mo property income covering a $4,895/mo payment, not borrower’s personal income.
Single Family
Built in 1936
4,981 sqft 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
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Listed by: Rona Calogero • Julia B Fee Sothebys Int. Rlty
Mls Name: OneKey MLS
Mls ID: #945651