116 Hanley LnLake PleasantNY12108
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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 Lake Pleasant at 116 Hanley Ln, Lake Pleasant, NY, 12108 generates $0/mo in rent, after a $2,863/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.29% in year one, and rental yield is 0% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12108, Lake Pleasant, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 214 (23.4%) |
| Renter Occupied HU | 44 ( 4.8%) |
| Vacant Housing Units | 655 (71.7%) |
| Median Home Value | $290,000 |
| Average Home Value | $338,107 |
Housing Distribution
Address Breakdown
Residential
38
Single Family
38
Multi-Family
0
Businesses
33
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No similar rental properties found nearby.
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Listed by: Christy Wilt • ALICIA C MILLER REAL ESTATE INC
Mls Name: NY State MLS
Mls ID: #11552617