12 Eddy RdWanakenaNY13695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wanakena at 12 Eddy Rd, Wanakena, NY, 13695 listed at $550,000 pairs $1,456/mo rent with a $2,692/mo payment. Total monthly income runs $1,456/mo. Return on cash invested measures 5.36% in year one, and rental yield registers 3.18% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 25.45% and total cumulative return in cash totals $46,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,456/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13695, Wanakena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 208 (100%) |
| Owner Occupied HU | 36 (17.3%) |
| Renter Occupied HU | 2 ( 1.0%) |
| Vacant Housing Units | 170 (81.7%) |
| Median Home Value | $110,000 |
| Average Home Value | $239,653 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise T. Barstow • Cranberry Shores Realty Corp.
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51822
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.