Recently Funded DSCR Loan In Rockaway Beach, New York

Loan Scenario:

When an experienced investor set out to unlock the equity built into a well-performing coastal rental, American Heritage Lending delivered a DSCR loan structured as a cash-out refinance that returned capital without disrupting the property’s cash flow. The home appraised at $965,000, and our team funded $723,750 at a conservative 75% loan-to-value, leaving comfortable equity in place. With a debt-service coverage ratio of 1.698, the rental income covered the new debt with substantial room to spare, exactly the profile this program is built to reward.

Rockaway Beach sits on the Queens peninsula where the Atlantic meets Jamaica Bay, one of the few true beach communities in New York City. Its boardwalk, seasonal draw, and ferry and rail access to Manhattan have fueled a decade-long revitalization and steady renter demand, making a performing rental here a durable long-term asset. For a seasoned landlord, that mix of shoreline lifestyle and reliable commuter access is exactly what keeps a unit leased.

If you own a performing rental and want to put its equity back to work, AHL makes qualifying for financing straightforward.

Similar Recently Funded Case Studies: DSCR Loan in Oswego, NY  •  DSCR Loan in Indiantown, FL  •  DSCR Loan in Warner Robins, GA

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