Lot 1 Shadow CourtWappingers FallsNY12590
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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 Wappingers Falls at Lot 1 Shadow Court, Wappingers Falls, NY, 12590 offers $7,500/mo rent that, after a $4,821/mo payment, leaves $922/mo cash flow. Total monthly income is $7,500/mo, and annual cash flow is $11,069/yr on $324,065 cash. Return on cash invested measures 23.48% in year one, and rental yield stands at 9.14% at a $985,000 entry. Equity gained on principal adds $6,356/yr while 5% annual appreciation compounds into $272,137 by year five. Five-year ROI records 122.58% and total cumulative return in cash reaches $397,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,500/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12590, Wappingers Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 9,733 (65.0%) |
| Renter Occupied HU | 4,547 (30.4%) |
| Vacant Housing Units | 685 ( 4.6%) |
| Median Home Value | $432,099 |
| Average Home Value | $475,631 |
Housing Distribution
Address Breakdown
Residential
14,289
Single Family
12,472
Multi-Family
1,817
Businesses
1,000
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Listed by: Michael B. Lund • Corcoran Country Living
Mls Name: OneKey MLS
Mls ID: #955994