155 Erie AvenueNew WindsorNY12553
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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 Windsor at 155 Erie Avenue, New Windsor, NY, 12553 offers $3,540/mo rent that, after a $1,904/mo payment, leaves $942/mo cash flow. Total monthly income is $3,540/mo, and annual cash flow is $11,307/yr on $128,954 cash. Return on cash invested measures 28.68% in year one, and rental yield stands at 10.92% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 150.52% and total cumulative return in cash reaches $194,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,540/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12553, New Windsor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,284 (100%) |
| Owner Occupied HU | 6,954 (61.6%) |
| Renter Occupied HU | 3,610 (32.0%) |
| Vacant Housing Units | 720 ( 6.4%) |
| Median Home Value | $393,937 |
| Average Home Value | $444,184 |
Housing Distribution
Address Breakdown
Residential
10,582
Single Family
9,451
Multi-Family
1,131
Businesses
814
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Listed by: Christina Murphy • HomeSmart Homes & Estates
Mls Name: OneKey MLS
Mls ID: #914417