163 Vosburgh RdRainbow LakeNY12976
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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 Rainbow Lake at 163 Vosburgh Rd, Rainbow Lake, NY, 12976 offers a 3.3% rental yield on a $819,935 purchase with $2,256/mo rent. 74% in year one. Equity gained on principal adds $5,291/yr while 5% annual appreciation supports $226,533 over five years. Portfolio math shows five-year ROI at 27.47% and total cumulative return in cash at $74,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,256/mo property income against a $4,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12976, Rainbow Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 140 (46.7%) |
| Renter Occupied HU | 32 (10.7%) |
| Vacant Housing Units | 128 (42.7%) |
| Median Home Value | $355,556 |
| Average Home Value | $418,339 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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Listed by: Kelsey Cassidy • Merrill L. Thomas, Inc.
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205358
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.