14 Carmine DriveWappingers FallsNY12590
Nearby investment properties with comparable rents
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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 Wappingers Falls at 14 Carmine Drive, Wappingers Falls, NY, 12590 earns $498/mo cash flow from $2,982/mo rent with a $1,463/mo payment. Total monthly income totals $2,982/mo, and annual cash flow totals $5,973/yr on $99,119 capital. ROI tracks 25.94% on current figures, and rental yield reads 11.97% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash sums $136,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,982/mo property income instead of your personal income.
Single Family
Built in 1965
4,356 sqft lot
$N/A/sqft
$488 monthly 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
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Listed by: Jordan S. Friedson • Serhant LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #878634
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 22:07:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)