38 Underhill Avenue #2AWest HarrisonNY10604
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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 West Harrison at 38 Underhill Avenue #2A, West Harrison, NY, 10604 uses $62,654 cash to close to unlock $22,991/yr annual cash flow and $1,916/mo monthly cash flow. Total monthly income runs $3,178/mo, and a $925/mo payment keeps the spread at $1,916/mo. Purchase price stands at $189,000, and rental yield measures 20.18% with $3,178/mo rent. Return on cash invested shows 56.61% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 300.26% and total cumulative return in cash records $188,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,178/mo property income covering a $925/mo payment rather than investor’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10604, West Harrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 2,652 (50.2%) |
| Renter Occupied HU | 2,091 (39.6%) |
| Vacant Housing Units | 536 (10.2%) |
| Median Home Value | $866,523 |
| Average Home Value | $1,037,238 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,005
Multi-Family
1,514
Businesses
520
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Listed by: Daniel Berger • RE/MAX Prestige Properties
Mls Name: OneKey MLS
Mls ID: #912623