Real Estate Investing in Ardsley, New York (10502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10502 (Ardsley, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 29.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ardsley, NY (10502)?
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Market Analysis: 10502 Ardsley
This part of Westchester County is not an easy win. The 10502 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 10502 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader NY picture, 10502 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A solid renter share of 18% in 10502 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 10502 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ardsley:
Property Strategy for 10502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $904,758 | $4,300 | 3.4% | +7.4% | $301,586 |
| 4BR | $1,145,478 | $4,670 | 2.9% | +7.3% | $286,370 |
Market Trends
Home Value History (with trend line)
📊 How Does 10502 Compare?
| Metric | 10502 | Ardsley | New York |
|---|---|---|---|
| Home Value | $1,088,740 | $1,088,740 | $505,608 |
| 5-Year CAGR | 5.7% | 5.7% | 6.6% |
| Avg Rent | $3,087 | $3,087 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10502 (Ardsley, NY). Anonymous, moderated, never written by AI.
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Property managers serving Westchester County
Manage rentals here? List your business →Comfort Usukumah is a REALTOR specializing in assisting buyers and sellers in New York, providing access to all listings and home value discussions. summary from their website
Real Property Management Westchester is a property management company serving Westchester, NY. summary from their website
Igor Krasnoperov helps clients sell their homes with a guaranteed price. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,088,740 |
| Monthly Rent | $3,087 |
| Price-to-Rent | 29.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +12.7% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +4.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 10502
Population: 5,875
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 10502
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DOBBS FERRY HIGH SCHOOL
DOBBS FERRY MIDDLE SCHOOL
FARRAGUT MIDDLE SCHOOL
GREENACRES SCHOOL
GREENVILLE SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,907 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What real estate strategy is ideal for Ardsley, NY?
For Ardsley, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What do landlords charge for rent in Ardsley, NY?
Rent in Ardsley, NY is around $3,087/mo. The resulting rent-to-value relationship with $1.1M pricing is reasonable for most investor models.
How deep is the rental pool in Ardsley, NY?
The tenant pool in Ardsley, NY is solid, supported by local employment and population fundamentals. Rents of $3,087/mo are well-absorbed by the market.
How viable is house hacking in Ardsley, NY?
House hacking in Ardsley, NY is a tougher. With home values around $1.1M and rents at $3,087/mo, owner-occupants can offset a meaningful share of PITI.
How strong is Ardsley, NY for real estate investors?
Ardsley, NY rates 3.0/5 for investability. With median values at $1.1M and rents near $3,087/mo, the market offers reasonable fundamentals for rental investors.
You know 10502 now. You don’t know where it ranks.
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How 10502 ranks in New York-Newark-Jersey City, NY-NJ-PA
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