8 Elmer Galloway RdKatonahNY10536
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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 8 Elmer Galloway Rd, Katonah, NY, 10536 priced at $1,214,000 pairs $9,761/mo rent with $1,654/mo cash flow after a $5,942/mo payment. Total monthly income equals $9,761/mo, and annual cash flow comes to $19,848/yr on $393,336 invested. Return on cash invested is 25.42% in year one, and rental yield stands at 9.65% on a $1,214,000 basis. Equity gained on principal adds $7,834/yr, and 5% annual appreciation accumulates to $335,406 by year five. Five-year ROI measures 132.94% and total cumulative return in cash reaches $522,903. For financing, Ziffy Mortgage’s DSCR program evaluates $9,761/mo property income against a $5,942/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1919
2.17 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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