241 Third AvenueKingstonNY12401
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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 Kingston at 241 Third Avenue, Kingston, NY, 12401 with 5% annual appreciation on a $465,000 basis while $3,436/mo rent supports operations. Total monthly income totals $3,436/mo and a $2,276/mo payment preserves $331/mo for cash returns. Annual cash flow comes to $3,969/yr on $154,148 deployed, and return on cash invested reaches 22.48% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 8.87%. Five-year ROI measures 117.29% and total cumulative return in cash totals $180,803.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,436/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1893
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12401, Kingston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,830 (100%) |
| Owner Occupied HU | 8,289 (46.5%) |
| Renter Occupied HU | 7,469 (41.9%) |
| Vacant Housing Units | 2,072 (11.6%) |
| Median Home Value | $346,290 |
| Average Home Value | $419,400 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
13,848
Multi-Family
2,145
Businesses
1,752
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