Real Estate Investing in Scarsdale, New York (10583)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10583 (Scarsdale, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
What’s happening in Scarsdale, NY (10583)?
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Market Analysis: 10583 Scarsdale
Investors eyeing 10583 need to respect the fundamentals at play. Home values of $1.6M come alongside slower price movement and elevated management overhead.
From a cash-flow lens, the numbers look inviting — $1.6M purchase price, 0.0% nominal cap — the work to hit that pro forma in 10583 is substantial and deserves full respect.
Statewide comparisons place 10583 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 10583 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 10583 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 Scarsdale:
Property Strategy for 10583
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $496,127 | $3,770 | 5.5% | +3.3% | $248,063 |
| 3BR | $1,119,832 | $4,720 | 3.0% | +7.0% | $373,277 |
| 4BR | $1,578,880 | $5,130 | 2.3% | +8.5% | $394,720 |
| 5BR | $2,475,455 | — | — | +9.8% | $495,091 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10583 Compare?
| Metric | 10583 | Scarsdale | New York |
|---|---|---|---|
| Home Value | $1,615,554 | $1,615,554 | $505,608 |
| 5-Year CAGR | 7.6% | 7.6% | 6.6% |
| Avg Rent | $8,839 | $8,839 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 10583 (Scarsdale, 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 | $1,615,554 |
| Monthly Rent | $8,839 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +12.6% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +3.8% ▲ |
🏠 Rent Trends
| 1-Year | +41.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 10583
Population: 40,612
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 10583
Schools in This ZIP Code
About Repit School Scores
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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
Frequently Asked Questions
How much do tenants pay in Scarsdale, NY?
Rent in Scarsdale, NY is around $8,839/mo. The resulting rent-to-value relationship with $1.6M pricing is reasonable for most investor models.
Should investors worry about vacancy in Scarsdale, NY?
Vacancy in Scarsdale, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $8,839/mo.
What is the investability score for Scarsdale, NY?
Yes - Scarsdale, NY a 3.0/5 investability score. With $1.6M home prices against $8,839/mo monthly rent, the market delivers a reasonable entry point for new investors.
What are home prices like in Scarsdale, NY?
Median home price in Scarsdale, NY is near $1.6M, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What strategy should investors use in Scarsdale, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Scarsdale, NY. With home values at $1.6M and rents near $8,839/mo, other strategies can work but produce consistent rather than outsized returns.
You know 10583 now. You don’t know where it ranks.
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How 10583 ranks in New York-Newark-Jersey City, NY-NJ-PA
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