24 Ruby Meadows RoadLake KatrineNY12449
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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 Lake Katrine at 24 Ruby Meadows Road, Lake Katrine, NY, 12449 with 5% annual appreciation on a $635,000 basis while $6,204/mo rent supports operations. Total monthly income totals $6,204/mo and a $3,108/mo payment preserves $1,964/mo for cash returns. Annual cash flow comes to $23,563/yr on $208,915 deployed, and return on cash invested reaches 31.34% in year one. Equity gained on principal adds $4,098/yr, and five-year appreciation sums $175,439 alongside rental yield of 11.72%. Five-year ROI measures 164.75% and total cumulative return in cash totals $344,180.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,204/mo property income versus a $3,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12449, Lake Katrine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 898 (64.6%) |
| Renter Occupied HU | 405 (29.1%) |
| Vacant Housing Units | 88 ( 6.3%) |
| Median Home Value | $360,930 |
| Average Home Value | $386,932 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,113
Multi-Family
152
Businesses
157
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Listed by: Antonio Parrotta • Coldwell Banker Village GreenN
Mls Name: UCBR
Mls Provider:
Mls ID: #20244068
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.