116 Tongore RdKingstonNY12401
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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 Kingston at 116 Tongore Rd, Kingston, NY, 12401 generates $4,633/mo in rent and, after a $3,059/mo payment, leaves $459/mo in cash flow. Total monthly income is $4,633/mo, and annual cash flow is $5,513/yr on $205,625 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 8.9% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 118.65% and total cumulative return in cash sums $243,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,633/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12401, Kingston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,830 (100%) |
| Owner Occupied HU | 8,289 (46.5%) |
| Renter Occupied HU | 7,469 (41.9%) |
| Vacant Housing Units | 2,072 (11.6%) |
| Median Home Value | $346,290 |
| Average Home Value | $419,400 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
13,848
Multi-Family
2,145
Businesses
1,752
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Listed by: Sheila H. Word • Coldwell Banker Village Green
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154980
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