45 Old Farms RdPoughkeepsieNY12603
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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 45 Old Farms Rd, Poughkeepsie, NY, 12603 offers a 8.57% rental yield on a $710,000 purchase with $5,071/mo rent. Total monthly income registers $5,071/mo, and a $3,475/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,958/yr on $233,590 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $4,582/yr while 5% annual appreciation supports $196,160 over five years. Portfolio math shows five-year ROI at 113.34% and total cumulative return in cash at $264,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,071/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.41 Acres 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: James Young • YOUNG & ASSOCIATES REAL ESTATE LLC
Mls Name: NY State MLS
Mls ID: #11614282