111 Lake RoadHunterNY12450
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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 Hunter at 111 Lake Road, Hunter, NY, 12450 generates $4,252/mo in rent and, after a $2,374/mo payment, leaves $1,013/mo in cash flow. Total monthly income is $4,252/mo, and annual cash flow is $12,157/yr on $160,778 invested. Return on cash invested sits at 27.47% in year one, and rental yield is 10.52% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 144.05% and total cumulative return in cash sums $231,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,252/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12450, Lanesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 55 (25.5%) |
| Renter Occupied HU | 31 (14.4%) |
| Vacant Housing Units | 130 (60.2%) |
| Median Home Value | $273,214 |
| Average Home Value | $363,591 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
8
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