10 Glen View DriveRed HookNY12571
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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 Red Hook at 10 Glen View Drive, Red Hook, NY, 12571 priced at $749,000 converts $6,000/mo rent into $998/mo cash flow after a $3,666/mo obligation. Total monthly income equals $6,000/mo, and annual cash flow totals $11,979/yr on $246,421 invested. Return on cash invested prints 24.92% in year one, and rental yield reads 9.61% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 130.34% and total cumulative return in cash sums $321,184. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 1993
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12571, Red Hook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,583 (100%) |
| Owner Occupied HU | 2,951 (64.4%) |
| Renter Occupied HU | 969 (21.1%) |
| Vacant Housing Units | 663 (14.5%) |
| Median Home Value | $514,661 |
| Average Home Value | $584,140 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
4,039
Multi-Family
138
Businesses
388
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