179 E Lake RdDe RuyterNY13052
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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 De Ruyter at 179 E Lake Rd, De Ruyter, NY, 13052 with 5% annual appreciation on a $625,000 basis while $2,329/mo rent supports operations. 3% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 4.47%. Five-year ROI measures 46.55% and total cumulative return in cash totals $95,725. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,329/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13052, De Ruyter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 540 (51.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 385 (36.8%) |
| Median Home Value | $196,053 |
| Average Home Value | $230,657 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
588
Multi-Family
21
Businesses
39
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