37 Summit Avenue #4FPort 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
Rental property for sale in Port Chester at 37 Summit Avenue #4F, Port Chester, NY, 10573 offers $2,734/mo rent that, after a $609/mo payment, leaves $1,903/mo cash flow. Total monthly income is $2,734/mo, and annual cash flow is $22,836/yr on $41,272 cash. Return on cash invested measures 75.24% in year one, and rental yield stands at 26.35% at a $124,500 entry. Equity gained on principal adds $803/yr while 5% annual appreciation compounds into $34,397 by year five. Five-year ROI records 400.18% and total cumulative return in cash reaches $165,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,734/mo property income versus a $609/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1927
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: Katia Urrico • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6335208
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.