19474 Crestview DrWellesley IslandNY13640
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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 Wellesley Island at 19474 Crestview Dr, Wellesley Island, NY, 13640 generates $1,456/mo in rent, after a $1,610/mo payment. Total monthly income is $1,456/mo. Return on cash invested sits at 11.76% in year one, and rental yield is 5.31% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 59.81% and total cumulative return in cash sums $65,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13640, Wellesley Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 174 (19.3%) |
| Renter Occupied HU | 29 ( 3.2%) |
| Vacant Housing Units | 697 (77.4%) |
| Median Home Value | $412,121 |
| Average Home Value | $473,807 |
Housing Distribution
Address Breakdown
Residential
353
Single Family
353
Multi-Family
0
Businesses
60
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Listed by: Shondra Beach • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1649455