50 West Street #C3BHarrisonNY10528
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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 Harrison at 50 West Street #C3B, Harrison, NY, 10528 priced at $279,000 converts $1,918/mo rent into $54/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,918/mo, and annual cash flow totals $653/yr on $92,489 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 8.25% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 107.31% and total cumulative return in cash sums $99,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,918/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Condo
Built in 1959
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10528, Harrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,765 (100%) |
| Owner Occupied HU | 2,602 (54.6%) |
| Renter Occupied HU | 1,879 (39.4%) |
| Vacant Housing Units | 284 ( 6.0%) |
| Median Home Value | $912,142 |
| Average Home Value | $1,110,628 |
Housing Distribution
Address Breakdown
Residential
4,771
Single Family
3,757
Multi-Family
1,014
Businesses
493
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