3 Cromwell DrivePoughkeepsieNY12603
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Nearby investment properties with comparable prices
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 3 Cromwell Drive, Poughkeepsie, NY, 12603 at $375,000 posts ROI 20.3% with $40/mo cash flow from $2,544/mo rent. Total monthly income equals $2,544/mo, and annual cash flow records $483/yr on $124,313 to close. Return on cash invested measures 20.3% and rental yield reads 8.14% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 105.59% and total cumulative return in cash totals $131,259.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,544/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.36 Acres 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: Michael Dunstan • RE/MAX Town & Country
Mls Name: OneKey MLS
Mls ID: #889810