143 Highland Lake RdHighland 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
Rental property for sale in Highland Lake at 143 Highland Lake Rd, Highland Lake, NY, 12743 priced at $1,299,000 converts $3,853/mo rent into after a $6,358/mo obligation. Total monthly income equals $3,853/mo. Return on cash invested prints 6.62% in year one, and rental yield reads 3.56% against a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation compiles into $358,890 by year five. Five-year ROI reaches 32.15% and total cumulative return in cash sums $135,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,853/mo property income covering a $6,358/mo payment, not borrower’s personal income.
Single Family
Built in 1955
3 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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Nearby investment properties with comparable prices
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