4 Island DrCopakeNY12516
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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 4 Island Dr, Copake, NY, 12516 earns $673/mo cash flow from $3,010/mo rent with a $1,713/mo payment. Total monthly income totals $3,010/mo, and annual cash flow totals $8,074/yr on $116,025 capital. ROI tracks 26.87% on current figures, and rental yield reads 10.32% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash sums $163,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,010/mo property income instead of your personal income.
Single Family
Built in 1953
0.45 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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Listed by: Lindsay LeBrecht • Copake Lake Realty Corp.
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153644
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.