400 High Point Drive #PH5HartsdaleNY10530
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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 Hartsdale at 400 High Point Drive #PH5, Hartsdale, NY, 10530 generates $3,838/mo in rent and, after a $2,398/mo payment, leaves $566/mo in cash flow. Total monthly income is $3,838/mo, and annual cash flow is $6,794/yr on $162,435 invested. Return on cash invested sits at 24.09% in year one, and rental yield is 9.4% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 125.92% and total cumulative return in cash sums $204,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,838/mo property income rather than buyer’s personal income.
Condo
Built in 1975
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10530, Hartsdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,319 (100%) |
| Owner Occupied HU | 4,130 (77.6%) |
| Renter Occupied HU | 905 (17.0%) |
| Vacant Housing Units | 284 ( 5.3%) |
| Median Home Value | $616,267 |
| Average Home Value | $657,070 |
Housing Distribution
Address Breakdown
Residential
6,038
Single Family
3,457
Multi-Family
2,581
Businesses
503
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