29 Vans TerraceLake 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 29 Vans Terrace, Lake Katrine, NY, 12449 with 5% annual appreciation on a $325,000 basis while $2,310/mo rent supports operations. Total monthly income totals $2,310/mo and a $1,591/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,673/yr on $107,738 deployed, and return on cash invested reaches 21.46% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 8.53%. Five-year ROI measures 111.84% and total cumulative return in cash totals $120,493.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,310/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.31 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: Michael Jenney • Keller Williams Realty
Mls Name: OneKey MLS
Mls ID: #948546