347 West Hill RoadNew LebanonNY12125
Nearby investment properties with comparable rents
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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
Rental property for sale in New Lebanon at 347 West Hill Road, New Lebanon, NY, 12125 priced at $365,000 converts $2,489/mo rent into $52/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,489/mo, and annual cash flow totals $625/yr on $120,998 invested. Return on cash invested prints 20.43% in year one, and rental yield reads 8.18% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 106.28% and total cumulative return in cash sums $128,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,489/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
10.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12125, New Lebanon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 382 (56.9%) |
| Renter Occupied HU | 151 (22.5%) |
| Vacant Housing Units | 138 (20.6%) |
| Median Home Value | $349,425 |
| Average Home Value | $480,229 |
Housing Distribution
Address Breakdown
Residential
439
Single Family
439
Multi-Family
0
Businesses
61
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Listed by: David Birch • Barns & Farms Realty, LLC
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #156093
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