Navigating through iTunes last week I came across The Woods out of Brooklyn, NY. Their sound struck me in a similar way that early Sebadoh and Guided by Voices did. Their folk lo-fi sound and high pitched voice are a perfect combination. Their rough psychedelic sound is coupled nicely with the cover and flyer art which has a hand done feel that only adds to their lo-fi appeal. If you are a fan of lo-fi folk then give them a listen.
You can check them out here and here.