720 River StreetMamaroneckNY10543
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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 Mamaroneck at 720 River Street, Mamaroneck, NY, 10543 priced at $975,000 converts $11,100/mo rent into $4,589/mo cash flow after a $4,772/mo obligation. Total monthly income equals $11,100/mo, and annual cash flow totals $55,071/yr on $320,775 invested. Return on cash invested prints 37.23% in year one, and rental yield reads 13.66% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 196.34% and total cumulative return in cash sums $629,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $11,100/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
10,768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10543, Mamaroneck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,047 (100%) |
| Owner Occupied HU | 4,555 (56.6%) |
| Renter Occupied HU | 3,084 (38.3%) |
| Vacant Housing Units | 408 ( 5.1%) |
| Median Home Value | $875,909 |
| Average Home Value | $1,046,666 |
Housing Distribution
Address Breakdown
Residential
7,458
Single Family
4,965
Multi-Family
2,493
Businesses
1,010
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Listed by: Jeffrey D. Hanrahan • Keller Williams Realty Group
Mls Name: OneKey MLS
Mls ID: #921566