5 Harrington StreetNew PaltzNY12561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Paltz at 5 Harrington Street, New Paltz, NY, 12561 at $508,000 posts ROI 41.81% with $3,029/mo cash flow from $6,421/mo rent. Total monthly income equals $6,421/mo, and annual cash flow records $36,349/yr on $167,132 to close. Return on cash invested measures 41.81% and rental yield reads 15.17% at the current $508,000. Equity gained on principal adds $3,278/yr, and 5% annual appreciation supports $140,351 by year five. Five-year ROI prints 220.91% and total cumulative return in cash totals $369,215.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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Listed by: Li Yan Xiao • BHHS HUDSON VALLEY PROP-NP
Mls Name: UCBR
Mls Provider:
Mls ID: #20243363
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