201 W Parmenter StreetNewburghNY12550
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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 201 W Parmenter Street, Newburgh, NY, 12550 uses $92,820 cash to close to unlock $5,984/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $2,368/mo, and a $1,370/mo payment keeps the spread at $499/mo. Purchase price stands at $280,000, and rental yield measures 10.15% with $2,368/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 138.06% and total cumulative return in cash records $128,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
3,049 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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