31 Laurel Mountain RdSpencertownNY12165
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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 Spencertown at 31 Laurel Mountain Rd, Spencertown, NY, 12165 offers a 18.09% rental yield on a $499,000 purchase with $7,524/mo rent. Total monthly income registers $7,524/mo, and a $2,442/mo payment leaves $4,192/mo available for distribution. Annual cash flow reaches $50,305/yr on $165,419 to close, and return on cash invested stands at 50.32% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 266.58% and total cumulative return in cash at $440,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,524/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12165, Spencertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 111 (100%) |
| Owner Occupied HU | 89 (80.2%) |
| Renter Occupied HU | 11 ( 9.9%) |
| Vacant Housing Units | 11 ( 9.9%) |
| Median Home Value | $485,417 |
| Average Home Value | $690,449 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
27
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Listed by: Anne L. Harrison • Country Life Real Estate, LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153981
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.