10 Charles Lane #2BPomonaNY10970
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
Investment property for sale in Pomona at 10 Charles Lane #2B, Pomona, NY, 10970 at $265,000 posts ROI 20.93% with $74/mo cash flow from $1,844/mo rent. Total monthly income equals $1,844/mo, and annual cash flow records $893/yr on $87,848 to close. Return on cash invested measures 20.93% and rental yield reads 8.35% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 108.96% and total cumulative return in cash totals $95,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,844/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10970, Pomona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,064 (100%) |
| Owner Occupied HU | 2,989 (73.5%) |
| Renter Occupied HU | 889 (21.9%) |
| Vacant Housing Units | 186 ( 4.6%) |
| Median Home Value | $545,796 |
| Average Home Value | $574,042 |
Housing Distribution
Address Breakdown
Residential
4,106
Single Family
2,830
Multi-Family
1,276
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices