963 Heritage Hills #CSomersNY10589
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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 Somers at 963 Heritage Hills #C, Somers, NY, 10589 generates $4,937/mo in rent, after a $3,549/mo payment. Total monthly income is $4,937/mo. Return on cash invested sits at 17.51% in year one, and rental yield is 8.17% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 91.71% and total cumulative return in cash sums $218,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,937/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1 Acres lot
$N/A/sqft
$602 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10589, Somers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 3,590 (81.0%) |
| Renter Occupied HU | 457 (10.3%) |
| Vacant Housing Units | 387 ( 8.7%) |
| Median Home Value | $613,996 |
| Average Home Value | $644,221 |
Housing Distribution
Address Breakdown
Residential
3,905
Single Family
3,905
Multi-Family
0
Businesses
305
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Listed by: Paul Leis • North Country Sothebys Int Rlt
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #874144
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-18 22:22:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)