64 Meadow LnKatonahNY10536
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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 64 Meadow Ln, Katonah, NY, 10536 offers $6,970/mo rent that, after a $2,447/mo payment, leaves $3,631/mo cash flow. Total monthly income is $6,970/mo, and annual cash flow is $43,576/yr on $165,750 cash. Return on cash invested measures 46.2% in year one, and rental yield stands at 16.73% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 244.47% and total cumulative return in cash reaches $405,212. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,970/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 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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