11 Cliffside DriveBolton LandingNY12814
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
Investment Highlights
Rental property for sale in Bolton Landing at 11 Cliffside Drive, Bolton Landing, NY, 12814 generates $2,969/mo in rent, after a $7,831/mo payment. Total monthly income is $2,969/mo. Return on cash invested sits at 2.51% in year one, and rental yield is 2.23% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 10.1% and total cumulative return in cash sums $52,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12814, Bolton Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 481 (30.5%) |
| Renter Occupied HU | 121 ( 7.7%) |
| Vacant Housing Units | 975 (61.8%) |
| Median Home Value | $374,265 |
| Average Home Value | $530,208 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia K Savage • Premier Properties Lake George
Mls Name: Global MLS
Mls Provider:
Mls ID: #202513637
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker