31 Lang RoadWest ShokanNY12494
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Shokan at 31 Lang Road, West Shokan, NY, 12494 offers a 16.35% rental yield on a $389,000 purchase with $5,299/mo rent. Total monthly income registers $5,299/mo, and a $1,904/mo payment leaves $2,701/mo available for distribution. Annual cash flow reaches $32,415/yr on $128,954 to close, and return on cash invested stands at 45.05% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 238.3% and total cumulative return in cash at $307,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,299/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12494, West Shokan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 283 (58.2%) |
| Renter Occupied HU | 54 (11.1%) |
| Vacant Housing Units | 149 (30.7%) |
| Median Home Value | $562,500 |
| Average Home Value | $680,521 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Vizzini • Corcoran Country Living
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20250989
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.