3563 Echo Bay LaneKattskill BayNY12844
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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 Kattskill Bay at 3563 Echo Bay Lane, Kattskill Bay, NY, 12844 generates $2,093/mo in rent, after a $9,716/mo payment. Total monthly income is $2,093/mo. Return on cash invested sits at -0.46% in year one, and rental yield is 1.27% on a $1,985,000 entry. Equity gained on principal adds $12,809/yr, while 5% annual appreciation builds toward $548,419 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12844, Kattskill Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 145 (34.9%) |
| Renter Occupied HU | 17 ( 4.1%) |
| Vacant Housing Units | 254 (61.1%) |
| Median Home Value | $393,478 |
| Average Home Value | $733,810 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
11
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Listed by: Daniel L Davies • Davies-Davies & Assoc Real Est
Mls Name: Global MLS
Mls ID: #202611431