11 Lake AvenueRound LakeNY12151
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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 Round Lake at 11 Lake Avenue, Round Lake, NY, 12151 generates $2,440/mo in rent and, after a $1,590/mo payment, leaves $271/mo in cash flow. Total monthly income is $2,440/mo, and annual cash flow is $3,247/yr on $107,704 invested. Return on cash invested sits at 22.92% in year one, and rental yield is 9.01% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 119.65% and total cumulative return in cash sums $128,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12151, Round Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 257 (69.8%) |
| Renter Occupied HU | 65 (17.7%) |
| Vacant Housing Units | 46 (12.5%) |
| Median Home Value | $378,125 |
| Average Home Value | $409,874 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
176
Multi-Family
6
Businesses
69
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Listed by: Pavel Karakalchu • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls ID: #202611131