360 N State #2 IBriarcliff ManorNY10510
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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 Briarcliff Manor at 360 N State #2 I, Briarcliff Manor, NY, 10510 generates $3,954/mo in rent and, after a $979/mo payment, leaves $2,618/mo in cash flow. Total monthly income is $3,954/mo, and annual cash flow is $31,420/yr on $66,300 invested. Return on cash invested sits at 67.3% in year one, and rental yield is 23.72% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 357.66% and total cumulative return in cash sums $237,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,954/mo property income rather than buyer’s personal income.
Condo
Built in 1950
N/A 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: Loretta Fleming Chiavetta • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls ID: #907359