21 Pine RoadLake LuzerneNY12846
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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 Lake Luzerne at 21 Pine Road, Lake Luzerne, NY, 12846 priced at $299,900 pairs $2,720/mo rent with $717/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,720/mo, and annual cash flow comes to $8,606/yr on $99,417 invested. Return on cash invested is 28.57% in year one, and rental yield stands at 10.88% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 149.94% and total cumulative return in cash reaches $149,068. For financing, Ziffy Mortgage’s DSCR program evaluates $2,720/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12846, Lake Luzerne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,119 (53.0%) |
| Renter Occupied HU | 241 (11.4%) |
| Vacant Housing Units | 751 (35.6%) |
| Median Home Value | $250,765 |
| Average Home Value | $314,401 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
84
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Listed by: Lisa Brault • Schermerhorn Realty Group LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker