97 Penstock LaneLake KatrineNY12449
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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 Lake Katrine at 97 Penstock Lane, Lake Katrine, NY, 12449 uses $112,047 cash to close to unlock $1,599/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $2,809/mo, and a $1,654/mo payment keeps the spread at $133/mo. Purchase price stands at $338,000, and rental yield measures 9.97% with $2,809/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 112.78% and total cumulative return in cash records $126,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,809/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
435.60 sqft lot
$N/A/sqft
$419 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12449, Lake Katrine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 898 (64.6%) |
| Renter Occupied HU | 405 (29.1%) |
| Vacant Housing Units | 88 ( 6.3%) |
| Median Home Value | $360,930 |
| Average Home Value | $386,932 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,113
Multi-Family
152
Businesses
157
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Listed by: Machree Quaker • The Machree Group, LLC
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20250906
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