54 Banksville RoadArmonkNY10504
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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 Armonk at 54 Banksville Road, Armonk, NY, 10504 priced at $1,749,000 pairs $5,888/mo rent with after a $8,560/mo payment. Total monthly income equals $5,888/mo. Return on cash invested is 8.11% in year one, and rental yield stands at 4.04% on a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and 5% annual appreciation accumulates to $483,216 by year five. Five-year ROI measures 40.1% and total cumulative return in cash reaches $227,263. For financing, Ziffy Mortgage’s DSCR program evaluates $5,888/mo property income against a $8,560/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10504, Armonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,840 (100%) |
| Owner Occupied HU | 2,371 (83.5%) |
| Renter Occupied HU | 307 (10.8%) |
| Vacant Housing Units | 162 ( 5.7%) |
| Median Home Value | $1,252,281 |
| Average Home Value | $1,380,668 |
Housing Distribution
Address Breakdown
Residential
2,775
Single Family
2,644
Multi-Family
131
Businesses
532
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