227 Panorama CourtPoughkeepsieNY12603
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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 227 Panorama Court, Poughkeepsie, NY, 12603 uses $99,417 cash to close to unlock $9,530/yr annual cash flow and $794/mo monthly cash flow. Total monthly income runs $2,797/mo, and a $1,468/mo payment keeps the spread at $794/mo. Purchase price stands at $299,900, and rental yield measures 11.19% with $2,797/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 154.93% and total cumulative return in cash records $154,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,797/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1990
744 sqft 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: Karan Garewal • Winwin Realty
Mls Name: OneKey MLS
Mls ID: #939303