1 Huguenot Street #45New PaltzNY12561
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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
Investment property for sale in New Paltz at 1 Huguenot Street #45, New Paltz, NY, 12561 with 5% annual appreciation on a $160,000 basis while $1,267/mo rent supports operations. Total monthly income totals $1,267/mo and a $783/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,384/yr on $53,040 deployed, and return on cash invested reaches 24.4% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.5%. Five-year ROI measures 127.6% and total cumulative return in cash totals $67,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,267/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1970
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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