1592 Route 32WallkillNY12589
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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 Wallkill at 1592 Route 32, Wallkill, NY, 12589 offers a 9.01% rental yield on a $385,000 purchase with $2,891/mo rent. Total monthly income registers $2,891/mo, and a $1,884/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,845/yr on $127,628 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 119.64% and total cumulative return in cash at $152,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,891/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12589, Wallkill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,918 (100%) |
| Owner Occupied HU | 4,179 (70.6%) |
| Renter Occupied HU | 1,247 (21.1%) |
| Vacant Housing Units | 492 ( 8.3%) |
| Median Home Value | $429,209 |
| Average Home Value | $461,380 |
Housing Distribution
Address Breakdown
Residential
4,943
Single Family
4,919
Multi-Family
24
Businesses
157
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Listed by: Meghan Betterton • Howard Hanna Rand Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20250056
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