45 Tamarac RdCopakeNY12516
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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 Copake at 45 Tamarac Rd, Copake, NY, 12516 priced at $775,000 converts $4,422/mo rent into after a $3,793/mo obligation. Total monthly income equals $4,422/mo. Return on cash invested prints 16.52% in year one, and rental yield reads 6.85% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 85.25% and total cumulative return in cash sums $217,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,422/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5.10 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: #155475
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.