102 Lake DriveNorthvilleNY12134
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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 Northville at 102 Lake Drive, Northville, NY, 12134 generates $3,109/mo in rent and, after a $1,757/mo payment, leaves $712/mo in cash flow. Total monthly income is $3,109/mo, and annual cash flow is $8,541/yr on $119,009 invested. Return on cash invested sits at 27.09% in year one, and rental yield is 10.39% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash sums $168,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,109/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12134, Northville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 1,310 (42.0%) |
| Renter Occupied HU | 324 (10.4%) |
| Vacant Housing Units | 1,488 (47.7%) |
| Median Home Value | $332,301 |
| Average Home Value | $386,294 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
117
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Listed by: Cynthia Gifford • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202520904