5 Wildwood Drive #1BWappingers 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 5 Wildwood Drive #1B, Wappingers falls, NY, 12590 at $179,000 posts ROI 29.96% with $497/mo cash flow from $2,033/mo rent. Total monthly income equals $2,033/mo, and annual cash flow records $5,961/yr on $59,339 to close. Return on cash invested measures 29.96% and rental yield reads 13.63% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 159.87% and total cumulative return in cash totals $94,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1964
2,614 sqft lot
$N/A/sqft
$341 monthly 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: Nancy Martinelli • Century 21 Alliance Rlty Group
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #902874
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-18 21:28:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)