1668 Route 9 APT 3EWappingers FallsNY12590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wappingers Falls at 1668 Route 9 APT 3E, Wappingers Falls, NY, 12590 uses $74,228 cash to close to unlock $23,900/yr annual cash flow and $1,992/mo monthly cash flow. Total monthly income runs $3,487/mo, and a $1,096/mo payment keeps the spread at $1,992/mo. Purchase price stands at $223,915, and rental yield measures 18.69% with $3,487/mo rent. Return on cash invested shows 52.11% in year one, and 5% annual appreciation builds toward $61,864 over five years. Five-year ROI reaches 276.14% and total cumulative return in cash records $204,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,487/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mohammed Keita • TRANS CONTINENTAL REALTY GROUP INC
Mls Name: NY State MLS
Mls ID: #11282009