85 Hone StreetKingstonNY12401
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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
Rental property for sale in Kingston at 85 Hone Street, Kingston, NY, 12401 offers $2,704/mo rent that, after a $3,671/mo payment. Total monthly income is $2,704/mo. Return on cash invested measures 8.85% in year one, and rental yield stands at 4.33% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 44.17% and total cumulative return in cash reaches $109,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1861
871.20 sqft 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
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