53 S Terrace AveMount VernonNY10550
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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 Mount Vernon at 53 S Terrace Ave, Mount Vernon, NY, 10550 listed at $629,999 pairs $3,911/mo rent with a $3,084/mo payment. Total monthly income runs $3,911/mo. Return on cash invested measures 18.34% in year one, and rental yield registers 7.45% at a $629,999 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,057 by year five. Five-year ROI tracks 95.07% and total cumulative return in cash totals $197,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,911/mo property income relative to a $3,084/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10550, Mount Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,298 (100%) |
| Owner Occupied HU | 3,520 (21.6%) |
| Renter Occupied HU | 11,383 (69.8%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $539,898 |
| Average Home Value | $571,941 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
5,493
Multi-Family
8,006
Businesses
1,575
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Listed by: Carland Grant • CARIB WORLDWIDE REALTY CO INC
Mls Name: NY State MLS
Mls ID: #11455885