2-4 Elm PlacePoughkeepsieNY12601
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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 Poughkeepsie at 2-4 Elm Place, Poughkeepsie, NY, 12601 priced at $300,000 pairs $2,558/mo rent with $555/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,558/mo, and annual cash flow comes to $6,660/yr on $99,450 invested. Return on cash invested is 26.61% in year one, and rental yield stands at 10.23% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 139.38% and total cumulative return in cash reaches $138,612. For financing, Ziffy Mortgage’s DSCR program evaluates $2,558/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12601, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,560 (100%) |
| Owner Occupied HU | 7,008 (35.8%) |
| Renter Occupied HU | 10,656 (54.5%) |
| Vacant Housing Units | 1,896 ( 9.7%) |
| Median Home Value | $327,755 |
| Average Home Value | $381,114 |
Housing Distribution
Address Breakdown
Residential
16,047
Single Family
11,477
Multi-Family
4,570
Businesses
1,666
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Listed by: Diane E. Crittenden • Century 21 Alliance Realty Grp
Mls Name: OneKey MLS
Mls ID: #910495