577 Wheeler Hill RoadWappingers 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 577 Wheeler Hill Road, Wappingers Falls, NY, 12590 offers a 8.24% rental yield on a $289,900 purchase with $1,991/mo rent. Total monthly income registers $1,991/mo, and a $1,419/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $660/yr on $96,102 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 107.22% and total cumulative return in cash at $103,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,991/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.44 Acres lot
$N/A/sqft
No 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: Blake Michaud • Serhant LLC
Mls Name: OneKey MLS
Mls ID: #887430