620 Pelhamdale Avenue #54PelhamNY10803
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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 Pelham at 620 Pelhamdale Avenue #54, Pelham, NY, 10803 listed at $199,000 pairs $6,300/mo rent with a $974/mo payment to leave $4,971/mo cash flow. Total monthly income runs $6,300/mo, and annual cash flow reaches $59,653/yr on $65,969 cash to close. Return on cash invested measures 110.34% in year one, and rental yield registers 37.99% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 588.45% and total cumulative return in cash totals $388,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,300/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10803, Pelham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,860 (100%) |
| Owner Occupied HU | 3,540 (72.8%) |
| Renter Occupied HU | 1,095 (22.5%) |
| Vacant Housing Units | 225 ( 4.6%) |
| Median Home Value | $962,888 |
| Average Home Value | $1,085,739 |
Housing Distribution
Address Breakdown
Residential
4,392
Single Family
3,419
Multi-Family
973
Businesses
509
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Listed by: Geraldine Engstrom • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6266483
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