350 Commerce StreetHawthorneNY10532
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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 Hawthorne at 350 Commerce Street, Hawthorne, NY, 10532 generates $2,880/mo in rent, after a $4,062/mo payment. Total monthly income is $2,880/mo. Return on cash invested sits at 8.36% in year one, and rental yield is 4.16% on a $829,900 entry. Equity gained on principal adds $5,355/yr, while 5% annual appreciation builds toward $229,286 over five years. Five-year ROI reaches 41.54% and total cumulative return in cash sums $113,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10532, Hawthorne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,857 (100%) |
| Owner Occupied HU | 1,423 (76.6%) |
| Renter Occupied HU | 324 (17.4%) |
| Vacant Housing Units | 110 ( 5.9%) |
| Median Home Value | $688,408 |
| Average Home Value | $704,054 |
Housing Distribution
Address Breakdown
Residential
1,700
Single Family
1,675
Multi-Family
25
Businesses
444
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