7 N James Street #IPeekskillNY10566
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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 Peekskill at 7 N James Street #I, Peekskill, NY, 10566 uses $99,450 cash to close to unlock $720/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $1,468/mo payment keeps the spread at $60/mo. Purchase price stands at $300,000, and rental yield measures 8.25% with $2,063/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash records $106,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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