953 W Boston Post Road #3MMamaroneckNY10543
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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 Mamaroneck at 953 W Boston Post Road #3M, Mamaroneck, NY, 10543 listed at $389,000 pairs $2,999/mo rent with a $1,904/mo payment to leave $401/mo cash flow. Total monthly income runs $2,999/mo, and annual cash flow reaches $4,815/yr on $128,954 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.25% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 123.53% and total cumulative return in cash totals $159,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,999/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
N/A 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: Carla Palacios • ERA Insite Realty Services
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #807587
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