345 Elm RoadBriarcliff ManorNY10510
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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 Briarcliff Manor at 345 Elm Road, Briarcliff Manor, NY, 10510 listed at $1,599,999 pairs $5,227/mo rent with a $7,831/mo payment. Total monthly income runs $5,227/mo. Return on cash invested measures 7.74% in year one, and rental yield registers 3.92% at a $1,599,999 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,050 by year five. Five-year ROI tracks 38.13% and total cumulative return in cash totals $197,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,227/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10510, Briarcliff Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,063 (100%) |
| Owner Occupied HU | 3,123 (76.9%) |
| Renter Occupied HU | 544 (13.4%) |
| Vacant Housing Units | 396 ( 9.7%) |
| Median Home Value | $864,243 |
| Average Home Value | $1,003,873 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,190
Multi-Family
568
Businesses
493
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Listed by: Suzan Zeolla • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #935552