62 Underhill Avenue #2BWest HarrisonNY10604
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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 West Harrison at 62 Underhill Avenue #2B, West Harrison, NY, 10604 generates $1,583/mo in rent and, after a $979/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,583/mo, and annual cash flow is $2,968/yr on $66,300 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 9.5% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 127.54% and total cumulative return in cash sums $84,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,583/mo property income rather than buyer’s personal income.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10604, West Harrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 2,652 (50.2%) |
| Renter Occupied HU | 2,091 (39.6%) |
| Vacant Housing Units | 536 (10.2%) |
| Median Home Value | $866,523 |
| Average Home Value | $1,037,238 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,005
Multi-Family
1,514
Businesses
520
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Listed by: Lisa Siapanides • William Raveis Real Estate
Mls Name: OneKey MLS
Mls ID: #950593