11 Stewart DriveLake LuzerneNY12846
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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
Investment property for sale in Lake Luzerne at 11 Stewart Drive, Lake Luzerne, NY, 12846 earns $307/mo cash flow from $2,237/mo rent with a $1,415/mo payment. Total monthly income totals $2,237/mo, and annual cash flow totals $3,679/yr on $95,804 capital. ROI tracks 23.75% on current figures, and rental yield reads 9.29% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash sums $118,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,237/mo property income instead of your personal income.
Single Family
Built in 1974
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12846, Lake Luzerne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,119 (53.0%) |
| Renter Occupied HU | 241 (11.4%) |
| Vacant Housing Units | 751 (35.6%) |
| Median Home Value | $250,765 |
| Average Home Value | $314,401 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
84
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Listed by: Jesse J Lena • Advantage Realty LLC
Mls Name: Global MLS
Mls ID: #202523204