2574-2576 South AvenueWappingers 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 2574-2576 South Avenue, Wappingers Falls, NY, 12590 uses $184,240 cash to close to unlock $7,036/yr annual cash flow and $586/mo monthly cash flow. Total monthly income runs $4,326/mo, and a $2,741/mo payment keeps the spread at $586/mo. Purchase price stands at $560,000, and rental yield measures 9.27% with $4,326/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 124.75% and total cumulative return in cash records $229,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,326/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Multi Family
Built in 1832
0.50 Acres lot
$N/A/sqft
No 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: Isabel Alves • RE/MAX Town & Country
Mls Name: OneKey MLS
Mls ID: #928179