11 Brevoort Drive #2BPomonaNY10970
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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
Rental property for sale in Pomona at 11 Brevoort Drive #2B, Pomona, NY, 10970 priced at $239,000 converts $1,689/mo rent into $93/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,689/mo, and annual cash flow totals $1,113/yr on $79,229 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 8.48% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 111.02% and total cumulative return in cash sums $87,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,689/mo property income covering a $1,170/mo payment, not borrower’s personal income.
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
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