962 Sierra Vista LaneValley CottageNY10989
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow962 Sierra Vista Lane, Valley Cottage, NY, 10989 in Valley Cottage is a solid income-producing rental, 11.12% gross yield, $2,640/mo rent, $223/mo net cash flow on a $285,000 buy. DSCR 2.06 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $78,740 and $2,625/yr in principal reduction project a total cumulative return of $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
2,614 sqft 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
2,614 sqft 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