11 Tribune LaneRed 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
Investment property for sale in Red Hook at 11 Tribune Lane, Red Hook, NY, 12571 with 5% annual appreciation on a $349,000 basis while $6,000/mo rent supports operations. Total monthly income totals $6,000/mo and a $1,708/mo payment preserves $3,670/mo for cash returns. Annual cash flow comes to $44,035/yr on $115,694 deployed, and return on cash invested reaches 57.97% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 20.63%. Five-year ROI measures 307.59% and total cumulative return in cash totals $355,860.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,000/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
1.60 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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