369 Washington AvenueKingstonNY12401
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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 Kingston at 369 Washington Avenue, Kingston, NY, 12401 uses $177,331 cash to close to unlock $5,385/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $4,048/mo, and a $2,638/mo payment keeps the spread at $449/mo. Purchase price stands at $539,000, and rental yield measures 9.01% with $4,048/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash records $213,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,048/mo property income covering a $2,638/mo payment rather than investor’s personal income.
Multi Family
Built in 1913
7,405 sqft 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
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Listed by: Nicole Polito • Berardi Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20244293
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.