140 Highland Lake RoadHighland LakeNY12743
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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 Highland Lake at 140 Highland Lake Road, Highland Lake, NY, 12743 listed at $279,000 pairs $1,620/mo rent with a $1,366/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 16.75% in year one, and rental yield registers 6.97% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 86.56% and total cumulative return in cash totals $80,059. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12743, Highland Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 97 (38.0%) |
| Renter Occupied HU | 23 ( 9.0%) |
| Vacant Housing Units | 135 (52.9%) |
| Median Home Value | $356,250 |
| Average Home Value | $451,289 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
9
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Listed by: Lorraine K Smith • Century 21 Geba Realty
Mls Name: OneKey MLS
Mls ID: #938207