71 N BroadwayKingstonNY12401
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
Rental property for sale in Kingston at 71 N Broadway, Kingston, NY, 12401 priced at $679,900 pairs $5,615/mo rent with $1,075/mo cash flow after a $3,328/mo payment. Total monthly income equals $5,615/mo, and annual cash flow comes to $12,894/yr on $223,687 invested. Return on cash invested is 25.82% in year one, and rental yield stands at 9.91% on a $679,900 basis. Equity gained on principal adds $4,387/yr, and 5% annual appreciation accumulates to $187,844 by year five. Five-year ROI measures 135.18% and total cumulative return in cash reaches $302,381. For financing, Ziffy Mortgage’s DSCR program evaluates $5,615/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1989
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12401, Kingston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,830 (100%) |
| Owner Occupied HU | 8,289 (46.5%) |
| Renter Occupied HU | 7,469 (41.9%) |
| Vacant Housing Units | 2,072 (11.6%) |
| Median Home Value | $346,290 |
| Average Home Value | $419,400 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
13,848
Multi-Family
2,145
Businesses
1,752
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Raphael • RIVER REALTY SERVICES INC.
Mls Name: UCBR
Mls Provider:
Mls ID: #20243240
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.