2331 Route 214LanesvilleNY12450
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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 Lanesville at 2331 Route 214, Lanesville, NY, 12450 earns from $1,987/mo rent with a $2,080/mo payment. Total monthly income totals $1,987/mo. ROI tracks 12.66% on current figures, and rental yield reads 5.61% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 64.65% and total cumulative return in cash sums $91,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,987/mo property income instead of your personal income.
Single Family
Built in 1975
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12450, Lanesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 55 (25.5%) |
| Renter Occupied HU | 31 (14.4%) |
| Vacant Housing Units | 130 (60.2%) |
| Median Home Value | $273,214 |
| Average Home Value | $363,591 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
8
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Listed by: Richard Greenspan • Ruth Gale Realty
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20252614
Disclaimer: IDX information 2025 by the Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. 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.