403 Fourth RoadWappingers FallsNY12590
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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 Wappingers Falls at 403 Fourth Road, Wappingers Falls, NY, 12590 uses $55,858 cash to close to unlock $35,094/yr annual cash flow and $2,925/mo monthly cash flow. Total monthly income runs $4,050/mo, and a $825/mo payment keeps the spread at $2,925/mo. Purchase price stands at $168,500, and rental yield measures 28.84% with $4,050/mo rent. Return on cash invested shows 82.74% in year one, and 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 440.42% and total cumulative return in cash records $246,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,050/mo property income covering a $825/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
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Listed by: Brian T Smith • River Realty Services, Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6330742
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.