138 Lantern DrSharon SpringsNY13459
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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 Sharon Springs at 138 Lantern Dr, Sharon Springs, NY, 13459 priced at $499,999 pairs $2,573/mo rent with after a $2,447/mo payment. Total monthly income equals $2,573/mo. Return on cash invested is 14.37% in year one, and rental yield stands at 6.18% on a $499,999 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 73.77% and total cumulative return in cash reaches $122,275. For financing, Ziffy Mortgage’s DSCR program evaluates $2,573/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
49.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13459, Sharon Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 698 (64.7%) |
| Renter Occupied HU | 195 (18.1%) |
| Vacant Housing Units | 185 (17.2%) |
| Median Home Value | $216,216 |
| Average Home Value | $263,456 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
72
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Listed by: Laurie Weingart • KRUTZ PROPERTIES LLC
Mls Name: NY State MLS
Mls ID: #11485774