17 Homer PlacePoughkeepsieNY12603
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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 Poughkeepsie at 17 Homer Place, Poughkeepsie, NY, 12603 uses $164,093 cash to close to unlock $13,611/yr annual cash flow and $1,134/mo monthly cash flow. Total monthly income runs $4,440/mo, and a $2,423/mo payment keeps the spread at $1,134/mo. Purchase price stands at $495,000, and rental yield measures 10.76% with $4,440/mo rent. Return on cash invested shows 28.2% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 147.98% and total cumulative return in cash records $242,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,440/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12603, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,810 (100%) |
| Owner Occupied HU | 12,208 (68.5%) |
| Renter Occupied HU | 4,553 (25.6%) |
| Vacant Housing Units | 1,049 ( 5.9%) |
| Median Home Value | $402,141 |
| Average Home Value | $462,567 |
Housing Distribution
Address Breakdown
Residential
17,010
Single Family
16,174
Multi-Family
836
Businesses
1,126
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Listed by: Teri A. Biondo • HV Premier Properties Realty
Mls Name: OneKey MLS
Mls ID: #939450