135 Corlies AvenuePoughkeepsieNY12601
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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 Poughkeepsie at 135 Corlies Avenue, Poughkeepsie, NY, 12601 offers a 11.84% rental yield on a $364,999 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $1,786/mo payment leaves $1,163/mo available for distribution. Annual cash flow reaches $13,957/yr on $120,997 to close, and return on cash invested stands at 31.44% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,842 over five years. Portfolio math shows five-year ROI at 165.36% and total cumulative return in cash at $200,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12601, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,560 (100%) |
| Owner Occupied HU | 7,008 (35.8%) |
| Renter Occupied HU | 10,656 (54.5%) |
| Vacant Housing Units | 1,896 ( 9.7%) |
| Median Home Value | $327,755 |
| Average Home Value | $381,114 |
Housing Distribution
Address Breakdown
Residential
16,047
Single Family
11,477
Multi-Family
4,570
Businesses
1,666
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Listed by: Richard Baxter • Keller Williams Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6312722
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.