200 Summit Lake RoadArgyleNY12809
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Nearby investment properties with comparable prices
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 Argyle at 200 Summit Lake Road, Argyle, NY, 12809 offers $2,442/mo rent that, after a $1,639/mo payment, leaves $206/mo cash flow. Total monthly income is $2,442/mo, and annual cash flow is $2,469/yr on $111,019 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 8.75% at a $334,900 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,527 by year five. Five-year ROI records 115.4% and total cumulative return in cash reaches $128,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,442/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12809, Argyle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,873 (100%) |
| Owner Occupied HU | 1,233 (65.8%) |
| Renter Occupied HU | 182 ( 9.7%) |
| Vacant Housing Units | 458 (24.5%) |
| Median Home Value | $229,795 |
| Average Home Value | $297,466 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
51
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