9 Penny LnNewburghNY12550
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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 9 Penny Ln, Newburgh, NY, 12550 with 5% annual appreciation on a $590,000 basis while $3,950/mo rent supports operations. Total monthly income totals $3,950/mo and a $2,888/mo payment preserves $10/mo for cash returns. Annual cash flow comes to $118/yr on $194,110 deployed, and return on cash invested reaches 20.12% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $163,006 alongside rental yield of 8.03%. Five-year ROI measures 104.58% and total cumulative return in cash totals $203,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,950/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1996
0.46 Acres 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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