1122 Lake View RoadCopakeNY12516
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
Investment property for sale in Copake at 1122 Lake View Road, Copake, NY, 12516 uses $138,236 cash to close to unlock $2,712/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $3,175/mo, and a $2,041/mo payment keeps the spread at $226/mo. Purchase price stands at $417,000, and rental yield measures 9.14% with $3,175/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $115,209 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash records $158,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,175/mo property income covering a $2,041/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.48 Acres lot
$N/A/sqft
$1,972 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12516, Copake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 506 (48.7%) |
| Renter Occupied HU | 137 (13.2%) |
| Vacant Housing Units | 397 (38.2%) |
| Median Home Value | $373,750 |
| Average Home Value | $461,853 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
61
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Listed by: William Spinelli Jr • BHHS Hudson Valley Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #869686
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