89 Chrysler Pond RdCopakeNY12516
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 Copake at 89 Chrysler Pond Rd, Copake, NY, 12516 priced at $360,000 pairs $7,966/mo rent with $5,562/mo cash flow after a $1,762/mo payment. Total monthly income equals $7,966/mo, and annual cash flow comes to $66,744/yr on $119,340 invested. Return on cash invested is 75.84% in year one, and rental yield stands at 26.55% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 403.38% and total cumulative return in cash reaches $481,389. For financing, Ziffy Mortgage’s DSCR program evaluates $7,966/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
8.50 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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Listed by: Rachel Haley • Houlihan Lawrence Inc.
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #152473
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.