7 Caruso PlaceArmonkNY10504
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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
Total monthly income runs $6,900/mo, and a $7,239/mo payment. Purchase price stands at $1,479,000, and rental yield measures 5.6% with $6,900/mo rent. Return on cash invested shows 12.92% in year one, and 5% annual appreciation builds toward $408,620 over five years. Five-year ROI reaches 65.9% and total cumulative return in cash records $315,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,900/mo property income covering a $7,239/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10504, Armonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,840 (100%) |
| Owner Occupied HU | 2,371 (83.5%) |
| Renter Occupied HU | 307 (10.8%) |
| Vacant Housing Units | 162 ( 5.7%) |
| Median Home Value | $1,252,281 |
| Average Home Value | $1,380,668 |
Housing Distribution
Address Breakdown
Residential
2,775
Single Family
2,644
Multi-Family
131
Businesses
532
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