7951 State Route 22CopakeNY12516
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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 7951 State Route 22, Copake, NY, 12516 earns from $2,483/mo rent with a $6,852/mo payment. Total monthly income totals $2,483/mo. ROI tracks 2.21% on current figures, and rental yield reads 2.13% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 8.48% and total cumulative return in cash sums $38,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,483/mo property income instead of your personal income.
Multi Family
Built in 1900
15.78 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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