32B Broad Street E #3AMount VernonNY10552
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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 Mount Vernon at 32B Broad Street E #3A, Mount Vernon, NY, 10552 offers $1,097/mo rent that, after a $710/mo payment, leaves $128/mo cash flow. Total monthly income is $1,097/mo, and annual cash flow is $1,541/yr on $48,068 cash. Return on cash invested measures 23.11% in year one, and rental yield stands at 9.08% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 120.72% and total cumulative return in cash reaches $58,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,097/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1950
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10552, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,179 (100%) |
| Owner Occupied HU | 4,854 (52.9%) |
| Renter Occupied HU | 3,771 (41.1%) |
| Vacant Housing Units | 554 ( 6.0%) |
| Median Home Value | $576,954 |
| Average Home Value | $576,550 |
Housing Distribution
Address Breakdown
Residential
9,029
Single Family
3,518
Multi-Family
5,511
Businesses
295
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Listed by: Daniel Joyce • RE/MAX In The City
Mls Name: OneKey MLS
Mls ID: #895482