18 Chestnut LaneNewburghNY12550
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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 Newburgh at 18 Chestnut Lane, Newburgh, NY, 12550 offers $3,000/mo rent that, after a $1,835/mo payment, leaves $496/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $5,957/yr on $124,279 cash. Return on cash invested measures 24.7% in year one, and rental yield stands at 9.6% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 129.21% and total cumulative return in cash reaches $160,579. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.44 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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