44 E Market StRed HookNY12571
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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 Red Hook at 44 E Market St, Red Hook, NY, 12571 with 5% annual appreciation on a $453,100 basis while $3,148/mo rent supports operations. Total monthly income totals $3,148/mo and a $2,218/mo payment preserves $122/mo for cash returns. Annual cash flow comes to $1,464/yr on $150,203 deployed, and return on cash invested reaches 20.88% in year one. Equity gained on principal adds $2,924/yr, and five-year appreciation sums $125,183 alongside rental yield of 8.34%. Five-year ROI measures 108.69% and total cumulative return in cash totals $163,255.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,148/mo property income versus a $2,218/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12571, Red Hook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,583 (100%) |
| Owner Occupied HU | 2,951 (64.4%) |
| Renter Occupied HU | 969 (21.1%) |
| Vacant Housing Units | 663 (14.5%) |
| Median Home Value | $514,661 |
| Average Home Value | $584,140 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
4,039
Multi-Family
138
Businesses
388
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