20 Pierces Rd APT 36NewburghNY12550
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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 20 Pierces Rd APT 36, Newburgh, NY, 12550 priced at $200,000 pairs $1,433/mo rent with after a $979/mo payment. Total monthly income equals $1,433/mo. Return on cash invested is 16.06% in year one, and rental yield stands at 8.6% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 84.92% and total cumulative return in cash reaches $56,300. For financing, Ziffy Mortgage’s DSCR program evaluates $1,433/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$310 monthly 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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