425 S Columbus AvenueMount VernonNY10553
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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 Mount Vernon at 425 S Columbus Avenue, Mount Vernon, NY, 10553 priced at $1,070,000 converts $3,720/mo rent into after a $5,237/mo obligation. Total monthly income equals $3,720/mo. Return on cash invested prints 8.51% in year one, and rental yield reads 4.17% against a $1,070,000 entry. Equity gained on principal adds $6,905/yr, while 5% annual appreciation compiles into $295,621 by year five. Five-year ROI reaches 42.29% and total cumulative return in cash sums $146,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,720/mo property income covering a $5,237/mo payment, not borrower’s personal income.
Multi Family
Built in 1956
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10553, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,912 (100%) |
| Owner Occupied HU | 2,118 (43.1%) |
| Renter Occupied HU | 2,384 (48.5%) |
| Vacant Housing Units | 410 ( 8.3%) |
| Median Home Value | $438,788 |
| Average Home Value | $445,568 |
Housing Distribution
Address Breakdown
Residential
3,308
Single Family
2,261
Multi-Family
1,047
Businesses
290
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Listed by: Stacey-Ann Beckford LHC • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #946148