65 Worrall AvenuePoughkeepsieNY12603
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 Poughkeepsie at 65 Worrall Avenue, Poughkeepsie, NY, 12603 offers a 11.11% rental yield on a $389,000 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $1,904/mo payment leaves $1,002/mo available for distribution. Annual cash flow reaches $12,027/yr on $128,954 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 153.51% and total cumulative return in cash at $197,958. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
6,970 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Tietje • United RE Hudson Valley Edge
Mls Name: OneKey MLS
Mls ID: #921165