9 Chestnut StreetArdsleyNY10502
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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 Ardsley at 9 Chestnut Street, Ardsley, NY, 10502 priced at $1,479,000 pairs $5,238/mo rent with after a $7,239/mo payment. Total monthly income equals $5,238/mo. Return on cash invested is 8.75% in year one, and rental yield stands at 4.25% on a $1,479,000 basis. Equity gained on principal adds $9,544/yr, and 5% annual appreciation accumulates to $408,620 by year five. Five-year ROI measures 43.58% and total cumulative return in cash reaches $208,842. For financing, Ziffy Mortgage’s DSCR program evaluates $5,238/mo property income against a $7,239/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10502, Ardsley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,255 (100%) |
| Owner Occupied HU | 1,850 (82.0%) |
| Renter Occupied HU | 311 (13.8%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $855,758 |
| Average Home Value | $929,900 |
Housing Distribution
Address Breakdown
Residential
2,074
Single Family
1,810
Multi-Family
264
Businesses
281
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