64 High Point Circle #64, Newburgh, NY, 12550 | $200/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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64 High Point Circle #64, Newburgh, NY, 12550 | $200/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newburgh at 64 High Point Circle #64, Newburgh, NY, 12550 uses $125,970 cash to close to unlock $2,404/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $2,738/mo, and a $1,860/mo payment keeps the spread at $200/mo. Purchase price stands at $380,000, and rental yield measures 8.65% with $2,738/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 113.74% and total cumulative return in cash records $143,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,738/mo property income covering a $1,860/mo payment rather than investor’s personal income.

Condo

Built in 1987

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

This 2 level Stonybrook Condo is the one you have been waiting for ! Located in a highly desirable complex offering one level at its BEST in the Williamsbergh model featuring 2 Beds and 2.5 Baths including a full finished basement with walk out and attached one car garage with driveway parking. A courtyard entrance leads to a tiled entry and sunken Living room, Dining area and open Kitchen with peninsula counter tops. This unit is in a perfect location for non maintenance living and yet privacy. Offering a deck on main level and patio from lower level overlooking the natural space in rear of property. The Primary Bedroom has a Hollywood style vanity area in addition to the full Primary Bath and walk in closet . An additional full hall Bath and second bedroom complete the floor plan with arched doorways, trey ceilings and crown molding. Expansive lower level with flex space could be used for Family Room, Rec Room or office with an abundance of storage,Utility/Laundry Room and half Bath. Lower level offers wonderful natural light with 2 bay windows and walk out to patio in a private setting. Water/Sewer, landscaping, snow removal, trash, community amenities all included in HOA. Amenities include club house, pool and tennis courts. This complex is tucked away yet close to everything minutes to all major shops, restaurants, and interstates.

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