962 Pemart AvenuePeekskillNY10566
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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 Peekskill at 962 Pemart Avenue, Peekskill, NY, 10566 uses $107,738 cash to close to unlock $1,901/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $2,329/mo, and a $1,591/mo payment keeps the spread at $158/mo. Purchase price stands at $325,000, and rental yield measures 8.6% with $2,329/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash records $121,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,329/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1950
10,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10566, Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 4,976 (46.0%) |
| Renter Occupied HU | 4,940 (45.7%) |
| Vacant Housing Units | 901 ( 8.3%) |
| Median Home Value | $379,958 |
| Average Home Value | $437,316 |
Housing Distribution
Address Breakdown
Residential
9,323
Single Family
6,608
Multi-Family
2,715
Businesses
855
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