125 Main StreetLake KatrineNY12449
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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 Lake Katrine at 125 Main Street, Lake Katrine, NY, 12449 uses $160,778 cash to close to unlock $11,965/yr annual cash flow and $997/mo monthly cash flow. Total monthly income runs $4,236/mo, and a $2,374/mo payment keeps the spread at $997/mo. Purchase price stands at $485,000, and rental yield measures 10.48% with $4,236/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash records $230,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,236/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1956
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12449, Lake Katrine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 898 (64.6%) |
| Renter Occupied HU | 405 (29.1%) |
| Vacant Housing Units | 88 ( 6.3%) |
| Median Home Value | $360,930 |
| Average Home Value | $386,932 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,113
Multi-Family
152
Businesses
157
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Listed by: Karen Gilbane • Corcoran Country Living
Mls Name: HVCRMLS
Mls ID: #20255545