4 Charles Lane #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
Investment property for sale in Pomona at 4 Charles Lane #2B, Pomona, NY, 10970 at $234,000 posts ROI 13.41% with from $1,570/mo rent. Total monthly income equals $1,570/mo. Return on cash invested measures 13.41% and rental yield reads 8.05% at the current $234,000. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 by year five. Five-year ROI prints 71.04% and total cumulative return in cash totals $55,107. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,570/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
2,614 sqft lot
$N/A/sqft
$428 monthly 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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Listed by: Jennifer Rousset • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #860236
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