62 Andrew LaneMount TremperNY12457
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 62 Andrew Lane, Mount Tremper, NY, 12457 in Mount Tremper offers a clean, manageable entry. Rental yield 7.07%. DSCR 1.31 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $110,513 in additional property value over five years, with $3,684/yr in principal equity building ownership stake. Total projected cumulative return: $132,298.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $(314) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,357 |
| Total Monthly Debt Service | $2,512 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12457, Mount Tremper, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 594 (100%) |
| Owner Occupied HU | 290 (48.8%) |
| Renter Occupied HU | 82 (13.8%) |
| Vacant Housing Units | 222 (37.4%) |
| Median Home Value | $582,569 |
| Average Home Value | $659,397 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12457, Mount Tremper, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 594 (100%) |
| Owner Occupied HU | 290 (48.8%) |
| Renter Occupied HU | 82 (13.8%) |
| Vacant Housing Units | 222 (37.4%) |
| Median Home Value | $582,569 |
| Average Home Value | $659,397 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Airhart • Compass Greater New York, LLC
Mls Name: HVCRMLS
Mls ID: #20251954