98 N Evarts AvenueElmsfordNY10523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elmsford at 98 N Evarts Avenue, Elmsford, NY, 10523 priced at $699,000 converts $5,040/mo rent into $372/mo cash flow after a $3,421/mo obligation. Total monthly income equals $5,040/mo, and annual cash flow totals $4,469/yr on $229,971 invested. Return on cash invested prints 22% in year one, and rental yield reads 8.65% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 114.69% and total cumulative return in cash sums $263,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,040/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Multi Family
Built in 1956
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10523, Elmsford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,506 (100%) |
| Owner Occupied HU | 1,791 (51.1%) |
| Renter Occupied HU | 1,476 (42.1%) |
| Vacant Housing Units | 239 ( 6.8%) |
| Median Home Value | $642,645 |
| Average Home Value | $693,833 |
Housing Distribution
Address Breakdown
Residential
3,181
Single Family
2,925
Multi-Family
256
Businesses
827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices