14 Charles Ln APT 1DPomonaNY10970
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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 14 Charles Ln APT 1D, Pomona, NY, 10970 priced at $433,700 pairs $3,269/mo rent with $373/mo cash flow after a $2,123/mo payment. Total monthly income equals $3,269/mo, and annual cash flow comes to $4,471/yr on $143,772 invested. Return on cash invested is 23.02% in year one, and rental yield stands at 9.04% on a $433,700 basis. Equity gained on principal adds $2,799/yr, and 5% annual appreciation accumulates to $119,823 by year five. Five-year ROI measures 120.16% and total cumulative return in cash reaches $172,752. For financing, Ziffy Mortgage’s DSCR program evaluates $3,269/mo property income against a $2,123/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1968
2,613 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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