18 Pettit AvenueKingstonNY12401
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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 Kingston at 18 Pettit Avenue, Kingston, NY, 12401 uses $49,622 cash to close to unlock $1,549/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $733/mo payment keeps the spread at $129/mo. Purchase price stands at $149,690, and rental yield measures 9.05% with $1,129/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $41,357 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash records $59,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $733/mo payment rather than investor’s personal income.
Single Family
Built in 1948
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12401, Kingston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,830 (100%) |
| Owner Occupied HU | 8,289 (46.5%) |
| Renter Occupied HU | 7,469 (41.9%) |
| Vacant Housing Units | 2,072 (11.6%) |
| Median Home Value | $346,290 |
| Average Home Value | $419,400 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
13,848
Multi-Family
2,145
Businesses
1,752
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