360 Skyline DrivePomonaNY10970
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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 Pomona at 360 Skyline Drive, Pomona, NY, 10970 with 5% annual appreciation on a $275,000 basis while $3,797/mo rent supports operations. Total monthly income totals $3,797/mo and a $1,346/mo payment preserves $1,961/mo for cash returns. Annual cash flow comes to $23,527/yr on $91,163 deployed, and return on cash invested reaches 45.72% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 16.57%. Five-year ROI measures 241.89% and total cumulative return in cash totals $220,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,797/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A 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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