140 Heritage Hills #ASomersNY10589
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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
Investment property for sale in Somers at 140 Heritage Hills #A, Somers, NY, 10589 listed at $645,000 pairs $5,400/mo rent with a $3,157/mo payment to leave $1,093/mo cash flow. Total monthly income runs $5,400/mo, and annual cash flow reaches $13,113/yr on $212,205 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 10.05% at a $645,000 basis. Equity gained on principal adds $4,162/yr, and annual property appreciation at 5% supports $178,202 by year five. Five-year ROI tracks 137.4% and total cumulative return in cash totals $291,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,400/mo property income relative to a $3,157/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10589, Somers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 3,590 (81.0%) |
| Renter Occupied HU | 457 (10.3%) |
| Vacant Housing Units | 387 ( 8.7%) |
| Median Home Value | $613,996 |
| Average Home Value | $644,221 |
Housing Distribution
Address Breakdown
Residential
3,905
Single Family
3,905
Multi-Family
0
Businesses
305
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