1422 Lake AvenueLake LuzerneNY12846
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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 Lake Luzerne at 1422 Lake Avenue, Lake Luzerne, NY, 12846 listed at $499,000 pairs $3,037/mo rent with a $2,442/mo payment. Total monthly income runs $3,037/mo. Return on cash invested measures 17.77% in year one, and rental yield registers 7.3% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 92.02% and total cumulative return in cash totals $152,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,037/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12846, Lake Luzerne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,119 (53.0%) |
| Renter Occupied HU | 241 (11.4%) |
| Vacant Housing Units | 751 (35.6%) |
| Median Home Value | $250,765 |
| Average Home Value | $314,401 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
84
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Listed by: Ali Caruso • Signature One Realty Group LLC
Mls Name: Global MLS
Mls ID: #202530285