3 Hook Road #32PoughkeepsieNY12601
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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 3 Hook Road #32, Poughkeepsie, NY, 12601 generates $2,479/mo in rent and, after a $1,468/mo payment, leaves $476/mo in cash flow. Total monthly income is $2,479/mo, and annual cash flow is $5,714/yr on $99,413 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 9.92% on a $299,888 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,854 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash sums $133,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,479/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12601, Poughkeepsie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,560 (100%) |
| Owner Occupied HU | 7,008 (35.8%) |
| Renter Occupied HU | 10,656 (54.5%) |
| Vacant Housing Units | 1,896 ( 9.7%) |
| Median Home Value | $327,755 |
| Average Home Value | $381,114 |
Housing Distribution
Address Breakdown
Residential
16,047
Single Family
11,477
Multi-Family
4,570
Businesses
1,666
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Listed by: Frances Chiu • Realty Center Hudson Valley
Mls Name: OneKey MLS
Mls ID: #918209