115 Whalesback RoadRed 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 115 Whalesback Road, Red Hook, NY, 12571 uses $228,655 cash to close to unlock $20,683/yr annual cash flow and $1,724/mo monthly cash flow. Total monthly income runs $6,365/mo, and a $3,402/mo payment keeps the spread at $1,724/mo. Purchase price stands at $695,000, and rental yield measures 10.99% with $6,365/mo rent. Return on cash invested shows 29.11% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 152.77% and total cumulative return in cash records $349,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,365/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
3.14 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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Listed by: Julia Crowley • Rouse + Co Real Estate, LLC
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20253767
Disclaimer: IDX information 2025 by the Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.