2448 Lucas Turnpike TurnpikeHigh FallsNY12440
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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 High Falls at 2448 Lucas Turnpike Turnpike, High Falls, NY, 12440 earns $880/mo cash flow from $3,416/mo rent with a $1,859/mo payment. Total monthly income totals $3,416/mo, and annual cash flow totals $10,554/yr on $125,937 capital. ROI tracks 28.29% on current figures, and rental yield reads 10.79% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 148.43% and total cumulative return in cash sums $186,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,416/mo property income instead of your personal income.
Single Family
Built in 1884
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12440, High Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 655 (61.2%) |
| Renter Occupied HU | 215 (20.1%) |
| Vacant Housing Units | 200 (18.7%) |
| Median Home Value | $481,111 |
| Average Home Value | $569,912 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
73
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Listed by: Maxine Rosola • Hudson Dwellings Realty
Mls Name: HVCRMLS
Mls ID: #20253202