14599 State Route 23New LebanonNY12125
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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 New Lebanon at 14599 State Route 23, New Lebanon, NY, 12125 uses $81,218 cash to close to unlock $2,497/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $1,199/mo payment keeps the spread at $208/mo. Purchase price stands at $245,000, and rental yield measures 9.03% with $1,844/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash records $97,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12125, New Lebanon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 382 (56.9%) |
| Renter Occupied HU | 151 (22.5%) |
| Vacant Housing Units | 138 (20.6%) |
| Median Home Value | $349,425 |
| Average Home Value | $480,229 |
Housing Distribution
Address Breakdown
Residential
439
Single Family
439
Multi-Family
0
Businesses
61
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Listed by: Margaret Bower Avenia • COLUMBIA COUNTY REAL ESTATE SPECIALISTS LLC
Mls Name: My State MLS
Mls ID: #11606842