112 Lord North DriveEsperanceNY12066
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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 Esperance at 112 Lord North Drive, Esperance, NY, 12066 uses $48,068 cash to close to unlock $1,505/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,094/mo, and a $710/mo payment keeps the spread at $125/mo. Purchase price stands at $145,000, and rental yield measures 9.05% with $1,094/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 120.32% and total cumulative return in cash records $57,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,094/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12066, Esperance, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 716 (79.7%) |
| Renter Occupied HU | 100 (11.1%) |
| Vacant Housing Units | 82 ( 9.1%) |
| Median Home Value | $228,261 |
| Average Home Value | $267,737 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
766
Multi-Family
0
Businesses
25
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