68 Lovers LaneNew LebanonNY12125
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
Investment Highlights
Rental property for sale in New Lebanon at 68 Lovers Lane, New Lebanon, NY, 12125 offers $5,765/mo rent that, after a $1,419/mo payment, leaves $3,829/mo cash flow. Total monthly income is $5,765/mo, and annual cash flow is $45,948/yr on $96,102 cash. Return on cash invested measures 67.72% in year one, and rental yield stands at 23.86% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 359.93% and total cumulative return in cash reaches $345,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,765/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12125, New Lebanon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 382 (56.9%) |
| Renter Occupied HU | 151 (22.5%) |
| Vacant Housing Units | 138 (20.6%) |
| Median Home Value | $349,425 |
| Average Home Value | $480,229 |
Housing Distribution
Address Breakdown
Residential
439
Single Family
439
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon M McArdle • Berkshire Hathaway Home Services Blake, REALTORS
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421171
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. Judy Moriarty, Zillow, Inc., Corp. Broker