218 Route 214ShandakenNY12464
Nearby investment properties with comparable rents
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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 Shandaken at 218 Route 214, Shandaken, NY, 12464 generates $4,398/mo in rent and, after a $2,442/mo payment, leaves $1,066/mo in cash flow. Total monthly income is $4,398/mo, and annual cash flow is $12,793/yr on $165,419 invested. Return on cash invested sits at 27.64% in year one, and rental yield is 10.58% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 144.97% and total cumulative return in cash sums $239,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
8.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
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Listed by: Amy Rosen • Ruth Gale Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20242274
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.