1566 Tracy DrSkaneatelesNY13152
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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 Skaneateles at 1566 Tracy Dr, Skaneateles, NY, 13152 generates $4,952/mo in rent and, after a $2,442/mo payment, leaves $1,620/mo in cash flow. Total monthly income is $4,952/mo, and annual cash flow is $19,441/yr on $165,419 invested. Return on cash invested sits at 31.66% in year one, and rental yield is 11.91% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 166.53% and total cumulative return in cash sums $275,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,952/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13152, Skaneateles, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,446 (100%) |
| Owner Occupied HU | 2,756 (62.0%) |
| Renter Occupied HU | 576 (13.0%) |
| Vacant Housing Units | 1,114 (25.1%) |
| Median Home Value | $466,392 |
| Average Home Value | $546,109 |
Housing Distribution
Address Breakdown
Residential
3,582
Single Family
3,426
Multi-Family
156
Businesses
375
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Listed by: Jon J. Bagley • Griffith Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1621585