1600 County Route 7aCopakeNY12516
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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 Copake at 1600 County Route 7a, Copake, NY, 12516 earns from $3,666/mo rent with a $3,788/mo payment. Total monthly income totals $3,666/mo. ROI tracks 12.98% on current figures, and rental yield reads 5.68% at a $774,000 purchase. Equity gained on principal adds $4,995/yr, and 5% annual appreciation supports $213,842 over five years. Five-year ROI reaches 66.3% and total cumulative return in cash sums $168,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,666/mo property income instead of your personal income.
Single Family
Built in 1850
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12516, Copake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 506 (48.7%) |
| Renter Occupied HU | 137 (13.2%) |
| Vacant Housing Units | 397 (38.2%) |
| Median Home Value | $373,750 |
| Average Home Value | $461,853 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
61
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