19514 Peel Dock RdWellesley 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
Investment property for sale in Wellesley Island at 19514 Peel Dock Rd, Wellesley Island, NY, 13640 listed at $1,995,000 pairs $3,446/mo rent with a $9,765/mo payment. Total monthly income runs $3,446/mo. Return on cash invested measures 2.03% in year one, and rental yield registers 2.07% at a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and annual property appreciation at 5% supports $551,182 by year five. Five-year ROI tracks 7.55% and total cumulative return in cash totals $48,777. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,446/mo property income relative to a $9,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.35 Acres 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: Cathy F Garlock • Garlock Realty
Mls Name: NYSAMLSs
Mls ID: #S1634059