533 N Mountain RdCopake FallsNY12517
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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 Falls at 533 N Mountain Rd, Copake Falls, NY, 12517 generates $2,836/mo in rent, after a $8,810/mo payment. Total monthly income is $2,836/mo. Return on cash invested sits at 1.47% in year one, and rental yield is 1.89% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 4.53% and total cumulative return in cash sums $26,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,836/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
120.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12517, Copake Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 317 (100%) |
| Owner Occupied HU | 137 (43.2%) |
| Renter Occupied HU | 69 (21.8%) |
| Vacant Housing Units | 111 (35.0%) |
| Median Home Value | $406,818 |
| Average Home Value | $528,285 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
19
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Listed by: Mitchell Serlin • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11164391