1601 Ny 199Red 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
Investment property for sale in Red Hook at 1601 Ny 199, Red Hook, NY, 12571 offers a 7.63% rental yield on a $525,000 purchase with $3,338/mo rent. 89% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 98% and total cumulative return in cash at $169,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,338/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.92 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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Listed by: Jason Schobert • eXp Realty, LLC
Mls Name: UCBR
Mls Provider:
Mls ID: #20250886
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