31 Laurel Mountain RdSpencertownNY12165
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 31 Laurel Mountain Rd, Spencertown, NY, 12165 in Spencertown deserves attention. This $499,000 property earns $7,524/mo in rent, a 18.09% gross yield, and nets $4,192/mo after the $2,244/mo payment. DSCR 3.35 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $137,865 compounds alongside $4,596/yr in yearly equity build, for a total cumulative return of $460,043.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 6.2% |
| Monthly Cash Flow | $4,192 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $7,524 |
| Total Monthly Debt Service | $3,134 |
| DSCR Ratio | 2.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices