50 Mitchell AvenuePoughkeepsieNY12603
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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 50 Mitchell Avenue, Poughkeepsie, NY, 12603 earns $1,229/mo cash flow from $3,894/mo rent with a $1,953/mo payment. Total monthly income totals $3,894/mo, and annual cash flow totals $14,753/yr on $132,269 capital. ROI tracks 31.06% on current figures, and rental yield reads 11.71% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 163.3% and total cumulative return in cash sums $215,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,894/mo property income instead of your personal income.
Single Family
Built in 1940
0.26 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: Howard S. Grynspan • HomeSmart Homes & Estates
Mls Name: OneKey MLS
Mls ID: #917038