2 Courtney AveNewburghNY12550
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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 Newburgh at 2 Courtney Ave, Newburgh, NY, 12550 earns from $2,513/mo rent with a $7,709/mo payment. Total monthly income totals $2,513/mo. ROI tracks 1.55% on current figures, and rental yield reads 1.91% at a $1,575,000 purchase. Equity gained on principal adds $10,163/yr, and 5% annual appreciation supports $435,143 over five years. Five-year ROI reaches 4.93% and total cumulative return in cash sums $25,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,513/mo property income instead of your personal income.
Multi Family
Built in 1870
4,792 sqft 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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