30 Romca RoadPoughkeepsieNY12603
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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 30 Romca Road, Poughkeepsie, NY, 12603 offers $6,472/mo rent that, after a $2,129/mo payment, leaves $3,567/mo cash flow. Total monthly income is $6,472/mo, and annual cash flow is $42,807/yr on $144,203 cash. Return on cash invested measures 49.59% in year one, and rental yield stands at 17.85% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 262.7% and total cumulative return in cash reaches $378,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,472/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.61 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: Jonathan Hubschman • Halter Associates Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20243079
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.