3 Hook Road #72kPoughkeepsieNY12601
Nearby investment properties with comparable rents
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
Rental property for sale in Poughkeepsie at 3 Hook Road #72k, Poughkeepsie, NY, 12601 generates $2,180/mo in rent and, after a $974/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,180/mo, and annual cash flow is $10,213/yr on $65,969 invested. Return on cash invested sits at 35.39% in year one, and rental yield is 13.15% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 186.57% and total cumulative return in cash sums $123,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,180/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason T. Lysack • K. Fortuna Realty, Inc.
Mls Name: OneKey MLS
Mls ID: #894029