15 Amherst RoadRed HookNY12571
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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 Red Hook at 15 Amherst Road, Red Hook, NY, 12571 offers $1,843/mo rent that, after a $1,272/mo payment, leaves $108/mo cash flow. Total monthly income is $1,843/mo, and annual cash flow is $1,290/yr on $86,157 cash. Return on cash invested measures 21.41% in year one, and rental yield stands at 8.51% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 111.53% and total cumulative return in cash reaches $96,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,843/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12571, Red Hook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,583 (100%) |
| Owner Occupied HU | 2,951 (64.4%) |
| Renter Occupied HU | 969 (21.1%) |
| Vacant Housing Units | 663 (14.5%) |
| Median Home Value | $514,661 |
| Average Home Value | $584,140 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
4,039
Multi-Family
138
Businesses
388
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