12 Reed RoadSpencertownNY12165
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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 Spencertown at 12 Reed Road, Spencertown, NY, 12165 priced at $545,000 converts $3,029/mo rent into after a $2,668/mo obligation. Total monthly income equals $3,029/mo. Return on cash invested prints 15.97% in year one, and rental yield reads 6.67% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 82.36% and total cumulative return in cash sums $147,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,029/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12165, Spencertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 111 (100%) |
| Owner Occupied HU | 89 (80.2%) |
| Renter Occupied HU | 11 ( 9.9%) |
| Vacant Housing Units | 11 ( 9.9%) |
| Median Home Value | $485,417 |
| Average Home Value | $690,449 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
27
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Listed by: Andrea Gabel • Gabel Real Estate
Mls Name: HVCRMLS
Mls ID: #20254999