360 Westchester Avenue #314Pt ChesterNY10573
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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
Investment property for sale in Pt Chester at 360 Westchester Avenue #314, Pt Chester, NY, 10573 uses $92,820 cash to close to unlock $332/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,897/mo, and a $1,370/mo payment keeps the spread at $28/mo. Purchase price stands at $280,000, and rental yield measures 8.13% with $1,897/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash records $97,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,897/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10573, Port Chester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,883 (100%) |
| Owner Occupied HU | 7,033 (47.3%) |
| Renter Occupied HU | 6,980 (46.9%) |
| Vacant Housing Units | 870 ( 5.8%) |
| Median Home Value | $699,589 |
| Average Home Value | $846,388 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,119
Multi-Family
3,551
Businesses
1,468
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Listed by: Nancy Everett • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #950967