60 Grove StreetNewburghNY12550
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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 Newburgh at 60 Grove Street, Newburgh, NY, 12550 earns $122/mo cash flow from $957/mo rent with a $612/mo payment. Total monthly income totals $957/mo, and annual cash flow totals $1,465/yr on $41,438 capital. ROI tracks 23.44% on current figures, and rental yield reads 9.19% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 122.54% and total cumulative return in cash sums $50,777. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $957/mo property income instead of your personal income.
Single Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12550, Newburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,756 (100%) |
| Owner Occupied HU | 11,308 (49.7%) |
| Renter Occupied HU | 9,401 (41.3%) |
| Vacant Housing Units | 2,047 ( 9.0%) |
| Median Home Value | $367,539 |
| Average Home Value | $418,385 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
18,028
Multi-Family
2,000
Businesses
2,005
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