116 Spring Glen RdMountain DaleNY12763
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.92% gross rental yield, 116 Spring Glen Rd, Mountain Dale, NY, 12763 in Mountain Dale is priced for capital growth, not immediate cash flow. The $1,450,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $400,608 by year five, with $13,355/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.73) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $235,002.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.2% |
| Monthly Cash Flow | $(4,940) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,742 |
| Total Monthly Debt Service | $9,106 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1927
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12763, Mountain Dale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 755 (100%) |
| Owner Occupied HU | 266 (35.2%) |
| Renter Occupied HU | 130 (17.2%) |
| Vacant Housing Units | 359 (47.5%) |
| Median Home Value | $261,688 |
| Average Home Value | $249,831 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
30
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
Single Family
Built in 1927
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12763, Mountain Dale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 755 (100%) |
| Owner Occupied HU | 266 (35.2%) |
| Renter Occupied HU | 130 (17.2%) |
| Vacant Housing Units | 359 (47.5%) |
| Median Home Value | $261,688 |
| Average Home Value | $249,831 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NY State MLS
Mls ID: #11792898