8 Lane StreetShandakenNY12464
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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 Shandaken at 8 Lane Street, Shandaken, NY, 12464 priced at $550,000 pairs $3,794/mo rent with $121/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,794/mo, and annual cash flow comes to $1,454/yr on $180,950 invested. Return on cash invested is 20.86% in year one, and rental yield stands at 8.28% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 108.59% and total cumulative return in cash reaches $196,498. For financing, Ziffy Mortgage’s DSCR program evaluates $3,794/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
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