2601 Mulberry Ct #2601PoughkeepsieNY12603
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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
Rental property for sale in Poughkeepsie at 2601 Mulberry Ct #2601, Poughkeepsie, NY, 12603 generates $2,640/mo in rent and, after a $1,750/mo payment, leaves $252/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $3,030/yr on $118,511 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.86% on a $357,500 entry. Equity gained on principal adds $2,307/yr, while 5% annual appreciation builds toward $98,771 over five years. Five-year ROI reaches 117.2% and total cumulative return in cash sums $138,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A 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: Edward Delforno • DelForno Associates real estate Agency, Inc
Mls Name: NY State MLS
Mls ID: #11540945