87 Overlook PlaceNewburghNY12550
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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 Newburgh at 87 Overlook Place, Newburgh, NY, 12550 earns from $1,729/mo rent with a $2,589/mo payment. Total monthly income totals $1,729/mo. ROI tracks 7.63% on current figures, and rental yield reads 3.92% at a $529,000 purchase. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 over five years. Five-year ROI reaches 37.59% and total cumulative return in cash sums $65,429. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,729/mo property income instead of your personal income.
Multi Family
Built in 1900
2,500 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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Listed by: Amy Coccia Wilhelm • Corcoran Baer & McIntosh
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #847273
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