31 Heritage Drive #DNew CityNY10956
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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 New City at 31 Heritage Drive #D, New City, NY, 10956 at $459,000 posts ROI 13.93% with from $2,838/mo rent. Total monthly income equals $2,838/mo. Return on cash invested measures 13.93% and rental yield reads 7.42% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 72.97% and total cumulative return in cash totals $111,035. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,838/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
2,178 sqft lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10956, New City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,703 (100%) |
| Owner Occupied HU | 9,145 (85.4%) |
| Renter Occupied HU | 1,195 (11.2%) |
| Vacant Housing Units | 363 ( 3.4%) |
| Median Home Value | $677,493 |
| Average Home Value | $715,338 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
10,229
Multi-Family
272
Businesses
1,136
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Listed by: Devorah Sekula • Q Home Sales
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #878822
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