414 Joslen Blvd #19 · Lorenz Park, NY 12534

$39,900

2 bd · 1.5 ba · 688 sqft · Manufactured · 3 Days on market

Built 2026 0.27 ac lot $58/sqft · 25% below area Est $53k · 25% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Cash sale. Or, for a qualified buyer the owner/park owner may consider a rent with option to buy deal, or an owner financing deal. Buyer/tenant must have a minimum of 20,000 to put down and have credit over 600. This renovated 2-bedroom, 1-bath mobile home in Hudson offers an affordable opportunity for ownership in a convenient location just minutes from downtown. Recent updates include fresh interior paint, new carpet, new laminate flooring, and an updated kitchen, making this home move-in ready. It also features a newer high-efficiency natural gas furnace, updated vinyl replacement windows, newer skirting, and a vapor barrier. The monthly lot rent is 695 and includes property taxes. Water/sewer and garbage are paid separately by the homeowner and typically run around 100 per quarter (approximately 400 annually). Buyers must be approved by the park, which requires a credit score of at least 600 and sufficient income to support the lot rent. With essential mechanical updates and stylish new finishes, this home offers excellent value in a convenient Hudson location.

Key facts

• Vapor barrier
• Newer skirting
• New carpet

Tags

• RENOVATED MOBILE HOME
• UPDATED KITCHEN
• NEWER SKIRTING
• VAPOR BARRIER
• FRESH INTERIOR PAINT
• NEW CARPET

Property features AI

Exterior

• Parking: Driveway
• Utilities: Electricity available (Central Hudson); Public sewer; Trash collection (private)
• Home design: Mobile home; Updated / remodeled condition
• Construction: Vinyl siding construction
• Exterior features: Vinyl siding; Not waterfront; No additional parcels

Interior

• Kitchen: Oven; Refrigerator
• Bedrooms: Total rooms: 4 (includes bedroom(s) on the first floor)
• Flooring: Vinyl
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heat; Baseboard heat; No central cooling
• Interior features: Open floorplan; Open kitchen; First-floor bedroom; First-floor full bathroom
• Laundry & utility: Washer hookup; Electric dryer hookup

🏷️ Possibly a rental listed for sale. The $39,900 price doesn't fit this home's estimated sale value (~$53,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $40k.

Deal economics

• At list price, monthly cash flow is $1k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $40k).

Location & tenants

• Location reads 69/100 on livability (#498 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, health & safety A; Watch: employment C-, schools F, amenities F.
• Hudson City School District (town): math 38% / reading 47% proficiency, ranked #494 of 590 in NY (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.9%/yr); 161 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 136 units permitted in Columbia County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $4k of equity ($276 loan paydown + $4k appreciation (10.0% local appreciation)).
• Columbia County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $11k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $39,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 5.62% ✓
• Cap rate: 51.28%
• Cash-on-cash: 160.67%
• DSCR: 8.15
• GRM: 1.5

CMA / ARV

• ARV (median comp): $53,000
• List price: $39,900
• Delta: -24.72%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 12.54×
• Total profit: $128,889
• Equity at exit: $35,945

10-year hold

• IRR: —
• Equity multiple: 30.90×
• Total profit: $334,062
• Equity at exit: $77,517

Cash invested: $11,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 12534

• Home prices YoY: 5.6%
• Rents YoY: 10.9%
• Active inventory: 161
• Price-to-rent: 1.5×

Monthly cashflow live

• Estimated rent: $2,243 medium
• Mortgage (P&I): −$209
• Tax est. 1.5%: −$50 /mo · $598/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$471
• Net cashflow: $1,496

Break-even live

Break-even rent $349

Max offer price $39,900

Occupancy floor 28%

Sensitivity live

Price	-10% $1,523	-5% $1,510	+0% $1,496	+5% $1,482	+10% $1,468
Rent	-10% $1,319	-5% $1,407	+0% $1,496	+5% $1,584	+10% $1,673
Rate	-1.0pp $1,516	-0.5pp $1,506	base $1,496	+0.5pp $1,486	+1.0pp $1,475

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $9,975
• Closing costs: $1,197
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
540 Joslen Blvd Hudson, NY	1.0–2.0	1.0–2.0	733	$2,250	$3.07	22d	1	0.63mi

Listing history 21 events

1. 2026-06-19
   days on market $39,900 Active 3 DOM
2. 2026-06-18
   days on market $39,900 Active 2 DOM
3. 2026-06-17
   days on marketlisting id $39,900 Active 1 DOM
4. 2026-06-16
   days on market $39,900 Active 76 DOM
5. 2026-06-15
   days on market $39,900 Active 75 DOM
6. 2026-06-14
   days on market $39,900 Active 73 DOM
7. 2026-06-12
   days on market $39,900 Active 72 DOM
8. 2026-06-09
   days on market $39,900 Active 69 DOM
9. 2026-06-08
   days on market $39,900 Active 68 DOM
10. 2026-06-07
    days on market $39,900 Active 67 DOM
11. 2026-06-04
    days on market $39,900 Active 63 DOM
12. 2026-06-02
    days on market $39,900 Active 62 DOM
13. 2026-06-01
    days on market $39,900 Active 61 DOM
14. 2026-05-31
    days on market $39,900 Active 60 DOM
15. 2026-05-31
    days on market $39,900 Active 59 DOM
16. 2026-04-01
    listed $47,500 Active 1082-char remark

    Show marketing remark (1082 chars)

    Cash sale. Or, for a qualified buyer the owner/park owner may consider a rent with option to buy deal, or an owner financing deal. Buyer/tenant must have a minimum of 20,000 to put down and have credit over 600. This renovated 2-bedroom, 1-bath mobile home in Hudson offers an affordable opportunity for ownership in a convenient location just minutes from downtown. Recent updates include fresh interior paint, new carpet, new laminate flooring, and an updated kitchen, making this home move-in ready. It also features a newer high-efficiency natural gas furnace, updated vinyl replacement windows, newer skirting, and a vapor barrier. The monthly lot rent is 695 and includes property taxes. Water/sewer and garbage are paid separately by the homeowner and typically run around 100 per quarter (approximately 400 annually). Buyers must be approved by the park, which requires a credit score of at least 600 and sufficient income to support the lot rent. With essential mechanical updates and stylish new finishes, this home offers excellent value in a convenient Hudson location.

17. 2025-10-28
    listed $49,900 Active
18. 2025-09-23
    status Active
19. 2025-07-22
    price $19,900
20. 2025-07-02
    price $25,000
21. 2025-06-17
    listed $29,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,911
• − Mortgage interest: −$2,235
• − Property taxes: −$598
• − Insurance: −$200
• − Repairs & maintenance: −$2,153
• − Management: −$2,153
• − Depreciation: −$1,161
• Taxable income: $18,411
• Est. tax owed @ 24.0%: −$4,419
• After-tax cash flow: $13,532/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hudson City School District
• NCES district ID: 3614940
• Math proficiency: 38% ▲ 4.00%
• Reading proficiency: 47% ▲ 7.00%
• Median HH income: $44,663
• Composite: 36.03/100
• National rank: #4779
• State rank: #494 of 590 in NY

Livability — Lorenz Park

• Score: 69/100
• State rank: #498
• US rank: #8738

Category grades

Amenities F Commute F Cost of living B+ Crime A Employment C- Housing A+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lorenz Park, NY
• County: Columbia County · 17,176 people
• Metro: Hudson, NY
• Population (ZIP): 17,176
• Household income: $72,741
• Rent vs Own: 36.4% rent · 63.6% own
• Severe rent burden: 1083.0

Population outlook (Columbia County) Hauer SSP2

• Today (2025): 58,662 people
• By 2030: 56,557 · -3.6%
• By 2040: 51,324 · -12.5%
• By 2050: 45,790 · -21.9%
• By 2075: 35,232 · -39.9%
• By 2100: 25,846 · -55.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 7% Black 7% Hispanic / Latino 7% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 4% Romanian 4% Iranian 3%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Other Indo-European 3% Chinese 1%

Political lean MEDSL · Columbia

• 2024 margin: D (+14.7) · D 57.4% · R 42.6%
• 2008→2024 swing: +1.3pp toward D · 2008: 13.4pp · 2024: 14.7pp
• All cycles: 2024: D+14.7 2020: D+16.7 2016: D+1.4 2012: D+11.7 2008: D+13.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 25.98%
• Current HPI: 490.0412
• Rent YoY: ▲ 10.88%
• Metro: Hudson, NY
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+33.4% since first listed

8 events — show timeline

• 2026-06-12 Listed $39,900 OneKey® MLS as Distributed by MLS Grid
• 2026-05-29 Price Changed $39,900 HVCRMLS
• 2026-04-01 Listed $47,500 HVCRMLS
• 2025-10-28 Listed $49,900 HVCRMLS
• 2025-09-23 Relisted — HVCRMLS
• 2025-07-22 Price Changed $19,900 HVCRMLS
• 2025-07-02 Price Changed $25,000 HVCRMLS
• 2025-06-17 Listed $29,900 HVCRMLS