79 Lander StreetNewburghNY12550
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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 Newburgh at 79 Lander Street, Newburgh, NY, 12550 at $296,000 posts ROI 26.89% with $571/mo cash flow from $2,548/mo rent. Total monthly income equals $2,548/mo, and annual cash flow records $6,854/yr on $98,124 to close. Return on cash invested measures 26.89% and rental yield reads 10.33% at the current $296,000. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,779 by year five. Five-year ROI prints 140.97% and total cumulative return in cash totals $138,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,548/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
2,037 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
18,028
Multi-Family
2,000
Businesses
2,005
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