220 Wilbur BoulevardPoughkeepsieNY12603
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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 Poughkeepsie at 220 Wilbur Boulevard, Poughkeepsie, NY, 12603 with 5% annual appreciation on a $425,000 basis while $3,600/mo rent supports operations. Total monthly income totals $3,600/mo and a $2,080/mo payment preserves $762/mo for cash returns. Annual cash flow comes to $9,145/yr on $140,888 deployed, and return on cash invested reaches 26.4% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 10.16%. Five-year ROI measures 138.31% and total cumulative return in cash totals $194,861.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12603, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,810 (100%) |
| Owner Occupied HU | 12,208 (68.5%) |
| Renter Occupied HU | 4,553 (25.6%) |
| Vacant Housing Units | 1,049 ( 5.9%) |
| Median Home Value | $402,141 |
| Average Home Value | $462,567 |
Housing Distribution
Address Breakdown
Residential
17,010
Single Family
16,174
Multi-Family
836
Businesses
1,126
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Listed by: Isabel Alves • RE/MAX Town & Country
Mls Name: OneKey MLS
Mls ID: #955873