16 Stirrup DriveNewburghNY12550
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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 Newburgh at 16 Stirrup Drive, Newburgh, NY, 12550 at $249,999 posts ROI 20.56% with $45/mo cash flow from $1,715/mo rent. Total monthly income equals $1,715/mo, and annual cash flow records $542/yr on $82,875 to close. Return on cash invested measures 20.56% and rental yield reads 8.23% at the current $249,999. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 107.03% and total cumulative return in cash totals $88,702.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,715/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12550, Newburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,756 (100%) |
| Owner Occupied HU | 11,308 (49.7%) |
| Renter Occupied HU | 9,401 (41.3%) |
| Vacant Housing Units | 2,047 ( 9.0%) |
| Median Home Value | $367,539 |
| Average Home Value | $418,385 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
18,028
Multi-Family
2,000
Businesses
2,005
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