6 Timberlane DrKatonahNY10536
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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 Katonah at 6 Timberlane Dr, Katonah, NY, 10536 priced at $856,800 converts $8,932/mo rent into $3,210/mo cash flow after a $4,194/mo obligation. Total monthly income equals $8,932/mo, and annual cash flow totals $38,520/yr on $281,887 invested. Return on cash invested prints 33.73% in year one, and rental yield reads 12.51% against a $856,800 entry. Equity gained on principal adds $5,529/yr, while 5% annual appreciation compiles into $236,718 by year five. Five-year ROI reaches 177.56% and total cumulative return in cash sums $500,517. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,932/mo property income covering a $4,194/mo payment, not borrower’s personal income.
Single Family
Built in 1996
3.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10536, Katonah, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,996 (81.8%) |
| Renter Occupied HU | 433 (11.8%) |
| Vacant Housing Units | 235 ( 6.4%) |
| Median Home Value | $870,379 |
| Average Home Value | $986,111 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,613
Multi-Family
11
Businesses
322
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