23 Alpine Drive #CWappingers FallsNY12590
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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 Wappingers Falls at 23 Alpine Drive #C, Wappingers Falls, NY, 12590 at $268,000 posts ROI 17.1% with from $2,107/mo rent. Total monthly income equals $2,107/mo. Return on cash invested measures 17.1% and rental yield reads 9.43% at the current $268,000. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 by year five. Five-year ROI prints 91.05% and total cumulative return in cash totals $80,889. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
6,970 sqft lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
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Listed by: Lorie Kupetz • Exit Realty Connections
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #829636
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