70 Davenport AvenuePort ChesterNY10573
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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 Port Chester at 70 Davenport Avenue, Port Chester, NY, 10573 priced at $599,000 converts $4,433/mo rent into $433/mo cash flow after a $2,932/mo obligation. Total monthly income equals $4,433/mo, and annual cash flow totals $5,193/yr on $197,071 invested. Return on cash invested prints 22.7% in year one, and rental yield reads 8.88% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 118.4% and total cumulative return in cash sums $233,326. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,433/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10573, Port Chester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,883 (100%) |
| Owner Occupied HU | 7,033 (47.3%) |
| Renter Occupied HU | 6,980 (46.9%) |
| Vacant Housing Units | 870 ( 5.8%) |
| Median Home Value | $699,589 |
| Average Home Value | $846,388 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,119
Multi-Family
3,551
Businesses
1,468
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Listed by: Christine Hazelton • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #894608