1 Lake View DriveWoodbourneNY12788
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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
Rental property for sale in Woodbourne at 1 Lake View Drive, Woodbourne, NY, 12788 offers $1,380/mo rent that, after a $1,052/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 18.98% in year one, and rental yield stands at 7.7% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 98.5% and total cumulative return in cash reaches $70,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12788, Woodbourne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,647 (100%) |
| Owner Occupied HU | 603 (36.6%) |
| Renter Occupied HU | 187 (11.4%) |
| Vacant Housing Units | 857 (52.0%) |
| Median Home Value | $323,517 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
80
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Listed by: Brian Garber • Land and Water Realty LLC
Mls Name: OneKey MLS
Mls ID: #905625