16 Lucas LaneClaverackNY12513
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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 Claverack at 16 Lucas Lane, Claverack, NY, 12513 priced at $725,000 pairs $3,910/mo rent with after a $3,549/mo payment. Total monthly income equals $3,910/mo. Return on cash invested is 15.37% in year one, and rental yield stands at 6.47% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 79.14% and total cumulative return in cash reaches $188,765. For financing, Ziffy Mortgage’s DSCR program evaluates $3,910/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12513, Claverack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 299 (100%) |
| Owner Occupied HU | 218 (72.9%) |
| Renter Occupied HU | 32 (10.7%) |
| Vacant Housing Units | 49 (16.4%) |
| Median Home Value | $351,724 |
| Average Home Value | $551,755 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
83
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