167 Lippincott RoadShawangunkNY12589
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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 Shawangunk at 167 Lippincott Road, Shawangunk, NY, 12589 priced at $424,900 converts $4,582/mo rent into $1,744/mo cash flow after a $2,080/mo obligation. Total monthly income equals $4,582/mo, and annual cash flow totals $20,931/yr on $140,854 invested. Return on cash invested prints 34.77% in year one, and rental yield reads 12.94% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 183.18% and total cumulative return in cash sums $258,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,582/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1945
1.10 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: Lindsay Stevens • eXp Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20243543
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.