14 Howard StreetNew PaltzNY12561
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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 New Paltz at 14 Howard Street, New Paltz, NY, 12561 generates $3,130/mo in rent, after a $2,349/mo payment. Total monthly income is $3,130/mo. Return on cash invested sits at 19.34% in year one, and rental yield is 7.83% on a $479,999 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 100.44% and total cumulative return in cash sums $159,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,130/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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Listed by: Savannah Miceli • Century 21 Alliance-NP
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20250948
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