63 Underhill RdScarsdaleNY10583
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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 Scarsdale at 63 Underhill Rd, Scarsdale, NY, 10583 offers $9,217/mo rent that, after a $7,553/mo payment. Total monthly income is $9,217/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 7.17% at a $1,543,200 entry. Equity gained on principal adds $9,958/yr while 5% annual appreciation compounds into $426,358 by year five. Five-year ROI records 91.86% and total cumulative return in cash reaches $459,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,217/mo property income versus a $7,553/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10583, Scarsdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 11,995 (82.1%) |
| Renter Occupied HU | 1,907 (13.0%) |
| Vacant Housing Units | 716 ( 4.9%) |
| Median Home Value | $1,134,279 |
| Average Home Value | $1,231,452 |
Housing Distribution
Address Breakdown
Residential
14,496
Single Family
11,095
Multi-Family
3,401
Businesses
1,286
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