61 Spackenkill RoadPoughkeepsieNY12603
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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 61 Spackenkill Road, Poughkeepsie, NY, 12603 listed at $350,000 pairs $2,602/mo rent with a $1,713/mo payment to leave $265/mo cash flow. Total monthly income runs $2,602/mo, and annual cash flow reaches $3,178/yr on $116,025 cash to close. Return on cash invested measures 22.65% in year one, and rental yield registers 8.92% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 118.17% and total cumulative return in cash totals $137,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,602/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.45 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: Virginia Corbett • eXp Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #867150
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