11 White Gate Road #11CWappingers FallsNY12590
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11 White Gate Road #11C, Wappingers Falls, NY, 12590 in Wappingers Falls deserves attention. This $189,000 property earns $2,552/mo in rent, a 16.21% gross yield, and nets $1,290/mo after the $850/mo payment. DSCR 3.00 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $52,217 compounds alongside $1,741/yr in yearly equity build, for a total cumulative return of $155,051.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 6.2% |
| Monthly Cash Flow | $1,290 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,552 |
| Total Monthly Debt Service | $1,187 |
| DSCR Ratio | 2.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1971
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason T. Lysack • K. Fortuna Realty, Inc.
Mls Name: OneKey MLS
Mls ID: #858957