316 Morey Hill RoadKingstonNY12401
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 Kingston at 316 Morey Hill Road, Kingston, NY, 12401 priced at $890,000 pairs $5,420/mo rent with after a $4,356/mo payment. Total monthly income equals $5,420/mo. Return on cash invested is 17.92% in year one, and rental yield stands at 7.31% on a $890,000 basis. Equity gained on principal adds $5,743/yr, and 5% annual appreciation accumulates to $245,891 by year five. Five-year ROI measures 92.76% and total cumulative return in cash reaches $271,624. For financing, Ziffy Mortgage’s DSCR program evaluates $5,420/mo property income against a $4,356/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
10.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12401, Kingston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,830 (100%) |
| Owner Occupied HU | 8,289 (46.5%) |
| Renter Occupied HU | 7,469 (41.9%) |
| Vacant Housing Units | 2,072 (11.6%) |
| Median Home Value | $346,290 |
| Average Home Value | $419,400 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
13,848
Multi-Family
2,145
Businesses
1,752
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Baris Demirel • Serhant LLC
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20251043
Disclaimer: IDX information 2025 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.