34 Smith StreetPoughkeepsieNY12601
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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
Investment property for sale in Poughkeepsie at 34 Smith Street, Poughkeepsie, NY, 12601 listed at $346,000 pairs $2,356/mo rent with a $1,694/mo payment to leave $46/mo cash flow. Total monthly income runs $2,356/mo, and annual cash flow reaches $552/yr on $114,699 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 8.17% at a $346,000 basis. Equity gained on principal adds $2,233/yr, and annual property appreciation at 5% supports $95,593 by year five. Five-year ROI tracks 106.05% and total cumulative return in cash totals $121,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,694/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
3,920 sqft 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: Dail Moses-Taylor • eXp Realty
Mls Name: OneKey MLS
Mls ID: #922977