962 Sierra Vista Lane UNIT 962Valley CottageNY10989
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 962 Sierra Vista Lane UNIT 962, Valley Cottage, NY, 10989 in Valley Cottage is straightforward: $285,000 in, $2,640/mo in rent, $223/mo out after debt service. The 11.12% gross yield and 2.06 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $78,740 by year five. With $2,625/yr in principal equity, the total cumulative return is projected at $125,219.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $223 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $2,304 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
$514 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10989, Valley Cottage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,617 (100%) |
| Owner Occupied HU | 2,869 (79.3%) |
| Renter Occupied HU | 600 (16.6%) |
| Vacant Housing Units | 148 ( 4.1%) |
| Median Home Value | $580,926 |
| Average Home Value | $587,576 |
Housing Distribution
Address Breakdown
Residential
3,429
Single Family
2,424
Multi-Family
1,005
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1975
N/A lot
$N/A/sqft
$514 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10989, Valley Cottage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,617 (100%) |
| Owner Occupied HU | 2,869 (79.3%) |
| Renter Occupied HU | 600 (16.6%) |
| Vacant Housing Units | 148 ( 4.1%) |
| Median Home Value | $580,926 |
| Average Home Value | $587,576 |
Housing Distribution
Address Breakdown
Residential
3,429
Single Family
2,424
Multi-Family
1,005
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Pagella • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3936385
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