4 Merrick 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
Investment property for sale in Poughkeepsie at 4 Merrick Road, Poughkeepsie, NY, 12603 uses $96,102 cash to close to unlock $42,156/yr annual cash flow and $3,513/mo monthly cash flow. Total monthly income runs $5,449/mo, and a $1,419/mo payment keeps the spread at $3,513/mo. Purchase price stands at $289,900, and rental yield measures 22.56% with $5,449/mo rent. Return on cash invested shows 63.78% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 338.76% and total cumulative return in cash records $325,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,449/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,454 sqft 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: Ronnie Rebis • Grist Mill Real Estate
Mls Name: UCBR
Mls Provider:
Mls ID: #20243420
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