15 Ruby Meadows RoadLake KatrineNY12449
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 Lake Katrine at 15 Ruby Meadows Road, Lake Katrine, NY, 12449 at $569,000 posts ROI 24.09% with $629/mo cash flow from $4,429/mo rent. Total monthly income equals $4,429/mo, and annual cash flow records $7,551/yr on $187,201 to close. Return on cash invested measures 24.09% and rental yield reads 9.34% at the current $569,000. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 by year five. Five-year ROI prints 125.91% and total cumulative return in cash totals $235,703.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,429/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
1.20 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: Eric Amaral • Coldwell Banker Village Green
Mls Name: HVCRMLS
Mls ID: #20255509