37 Summit Avenue #4FPort ChesterNY10573
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 37 Summit Avenue #4F, Port Chester, NY, 10573 in Port Chester. Priced at $124,500, it generates $2,734/mo in gross rent and $1,902/mo in net monthly cash flow, a 26.35% yield that comfortably supports the 4.88 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $22,827. Five-year appreciation: $34,397. Equity from principal paydown: $1,147/yr. Total projected cumulative return: $169,895.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 26.4% | 6.2% |
| Monthly Cash Flow | $1,902 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,734 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 3.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices