8 Heritage Drive #AHarrimanNY10926
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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 Harriman at 8 Heritage Drive #A, Harriman, NY, 10926 priced at $289,000 converts $2,760/mo rent into $830/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $9,955/yr on $95,804 invested. Return on cash invested prints 30.3% in year one, and rental yield reads 11.46% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 159.23% and total cumulative return in cash sums $152,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Condo
Built in 1975
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10926, Harriman, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,595 (100%) |
| Owner Occupied HU | 936 (58.7%) |
| Renter Occupied HU | 583 (36.6%) |
| Vacant Housing Units | 76 ( 4.8%) |
| Median Home Value | $480,000 |
| Average Home Value | $510,371 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,365
Multi-Family
0
Businesses
261
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