29 Lewis AvenuePoughkeepsieNY12603
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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 Poughkeepsie at 29 Lewis Avenue, Poughkeepsie, NY, 12603 with 5% annual appreciation on a $354,999 basis while $2,506/mo rent supports operations. Total monthly income totals $2,506/mo and a $1,738/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,619/yr on $117,682 deployed, and return on cash invested reaches 21.28% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 8.47%. Five-year ROI measures 110.85% and total cumulative return in cash totals $130,451.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,506/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,534 sqft 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: Maria J. Chavez • VYLLA Home
Mls Name: OneKey MLS
Mls ID: #929836