43 Conklin RoadPomonaNY10970
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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 43 Conklin Road, Pomona, NY, 10970 priced at $799,990 converts $8,926/mo rent into $3,583/mo cash flow after a $3,916/mo obligation. Total monthly income equals $8,926/mo, and annual cash flow totals $43,000/yr on $263,197 invested. Return on cash invested prints 36.4% in year one, and rental yield reads 13.39% against a $799,990 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,022 by year five. Five-year ROI reaches 191.88% and total cumulative return in cash sums $505,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,926/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.84 Acres 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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