5 Peck Avenue #51BRyeNY10580
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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 Rye at 5 Peck Avenue #51B, Rye, NY, 10580 offers a 8.21% rental yield on a $399,000 purchase with $2,730/mo rent. Total monthly income registers $2,730/mo, and a $1,953/mo payment leaves $65/mo available for distribution. Annual cash flow reaches $785/yr on $132,269 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 106.68% and total cumulative return in cash at $141,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,730/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10580, Rye, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,035 (100%) |
| Owner Occupied HU | 4,664 (66.3%) |
| Renter Occupied HU | 1,856 (26.4%) |
| Vacant Housing Units | 515 ( 7.3%) |
| Median Home Value | $1,758,545 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
5,196
Multi-Family
1,264
Businesses
633
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