319 Route 203SpencertownNY12165
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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 319 Route 203, Spencertown, NY, 12165 offers a 5.94% rental yield on a $1,999,000 purchase with $9,898/mo rent. 98% in year one. Equity gained on principal adds $12,899/yr while 5% annual appreciation supports $552,287 over five years. Portfolio math shows five-year ROI at 71.59% and total cumulative return in cash at $463,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,898/mo property income against a $9,784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.10 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: Pamela G. King-Belfor • Four Seasons Sotheby's Int.
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153304
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.