61 Ellen AvenueMahopacNY10541
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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 Mahopac at 61 Ellen Avenue, Mahopac, NY, 10541 with 5% annual appreciation on a $400,000 basis while $2,487/mo rent supports operations. 24% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 7.46%. Five-year ROI measures 94.54% and total cumulative return in cash totals $125,356. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,487/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
7,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10541, Mahopac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,539 (100%) |
| Owner Occupied HU | 7,618 (79.9%) |
| Renter Occupied HU | 1,361 (14.3%) |
| Vacant Housing Units | 560 ( 5.9%) |
| Median Home Value | $505,354 |
| Average Home Value | $540,965 |
Housing Distribution
Address Breakdown
Residential
8,657
Single Family
8,487
Multi-Family
170
Businesses
610
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