78 Carmine Drive #D14Wappingers FallsNY12590
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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 Wappingers Falls at 78 Carmine Drive #D14, Wappingers Falls, NY, 12590 listed at $189,000 pairs $1,469/mo rent with a $925/mo payment to leave $207/mo cash flow. Total monthly income runs $1,469/mo, and annual cash flow reaches $2,483/yr on $62,654 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 9.33% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 124.74% and total cumulative return in cash totals $78,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,469/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
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Listed by: Jacqueline Milohnic • Picture It Sold, LLC
Mls Name: OneKey MLS
Mls ID: #885681