94 Newell DriveKingstonNY12401
Nearby investment properties with comparable rents
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
Rental property for sale in Kingston at 94 Newell Drive, Kingston, NY, 12401 priced at $239,000 converts $2,651/mo rent into $1,055/mo cash flow after a $1,170/mo obligation. Total monthly income equals $2,651/mo, and annual cash flow totals $12,657/yr on $79,229 invested. Return on cash invested prints 35.88% in year one, and rental yield reads 13.31% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 189.16% and total cumulative return in cash sums $149,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,651/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
22.30 Acres 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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Listed by: Karen Sullivan • Coldwell Banker Village GreenK
Mls Name: UCBR
Mls Provider:
Mls ID: #20240870
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