2 Lake StreetShandakenNY12465
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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 Shandaken at 2 Lake Street, Shandaken, NY, 12465 at $250,000 posts ROI 21.32% with $97/mo cash flow from $1,767/mo rent. Total monthly income equals $1,767/mo, and annual cash flow records $1,166/yr on $82,875 to close. Return on cash invested measures 21.32% and rental yield reads 8.48% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 111.09% and total cumulative return in cash totals $92,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,767/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12465, Pine Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 406 (100%) |
| Owner Occupied HU | 163 (40.1%) |
| Renter Occupied HU | 55 (13.5%) |
| Vacant Housing Units | 188 (46.3%) |
| Median Home Value | $473,611 |
| Average Home Value | $475,153 |
Housing Distribution
Address Breakdown
Residential
39
Single Family
39
Multi-Family
0
Businesses
20
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