12 High Ridge RdPoughkeepsieNY12603
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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 Poughkeepsie at 12 High Ridge Rd, Poughkeepsie, NY, 12603 priced at $463,700 pairs $3,632/mo rent with $535/mo cash flow after a $2,270/mo payment. Total monthly income equals $3,632/mo, and annual cash flow comes to $6,421/yr on $153,717 invested. Return on cash invested is 24.09% in year one, and rental yield stands at 9.4% on a $463,700 basis. Equity gained on principal adds $2,992/yr, and 5% annual appreciation accumulates to $128,112 by year five. Five-year ROI measures 125.91% and total cumulative return in cash reaches $193,547. For financing, Ziffy Mortgage’s DSCR program evaluates $3,632/mo property income against a $2,270/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12603, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,810 (100%) |
| Owner Occupied HU | 12,208 (68.5%) |
| Renter Occupied HU | 4,553 (25.6%) |
| Vacant Housing Units | 1,049 ( 5.9%) |
| Median Home Value | $402,141 |
| Average Home Value | $462,567 |
Housing Distribution
Address Breakdown
Residential
17,010
Single Family
16,174
Multi-Family
836
Businesses
1,126
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