632 State Route 32 NNew PaltzNY12561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Paltz at 632 State Route 32 N, New Paltz, NY, 12561 listed at $595,000 pairs $4,260/mo rent with a $2,912/mo payment to leave $287/mo cash flow. Total monthly income runs $4,260/mo, and annual cash flow reaches $3,443/yr on $195,755 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 8.59% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 113.68% and total cumulative return in cash totals $222,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,260/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Nieves • Redfin Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #874473
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.