9 Florence DriveChappaquaNY10514
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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 Chappaqua at 9 Florence Drive, Chappaqua, NY, 10514 offers a 5.86% rental yield on a $1,499,000 purchase with $7,320/mo rent. 72% in year one. Equity gained on principal adds $9,673/yr while 5% annual appreciation supports $414,146 over five years. Portfolio math shows five-year ROI at 70.22% and total cumulative return in cash at $341,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,320/mo property income against a $7,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10514, Chappaqua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,229 (100%) |
| Owner Occupied HU | 3,670 (86.8%) |
| Renter Occupied HU | 404 ( 9.6%) |
| Vacant Housing Units | 155 ( 3.7%) |
| Median Home Value | $1,027,067 |
| Average Home Value | $1,187,007 |
Housing Distribution
Address Breakdown
Residential
4,079
Single Family
3,960
Multi-Family
119
Businesses
366
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