294 Main 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
Rental property for sale in Shandaken at 294 Main Street, Shandaken, NY, 12465 generates $2,785/mo in rent and, after a $1,591/mo payment, leaves $614/mo in cash flow. Total monthly income is $2,785/mo, and annual cash flow is $7,373/yr on $107,738 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 10.28% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 140.2% and total cumulative return in cash sums $151,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,785/mo property income rather than buyer’s personal income.
Multi Family
Built in 1860
5,227 sqft 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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