3264 County Route 7CopakeNY12516
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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 Copake at 3264 County Route 7, Copake, NY, 12516 uses $119,009 cash to close to unlock $777/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,757/mo payment keeps the spread at $65/mo. Purchase price stands at $359,000, and rental yield measures 8.23% with $2,462/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 106.98% and total cumulative return in cash records $127,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12516, Copake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 506 (48.7%) |
| Renter Occupied HU | 137 (13.2%) |
| Vacant Housing Units | 397 (38.2%) |
| Median Home Value | $373,750 |
| Average Home Value | $461,853 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
61
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