214 McDougal Lake RoadCossayunaNY12823
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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 Cossayuna at 214 McDougal Lake Road, Cossayuna, NY, 12823 priced at $699,000 converts $1,877/mo rent into after a $3,421/mo obligation. Total monthly income equals $1,877/mo. Return on cash invested prints 5.5% in year one, and rental yield reads 3.22% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 26.19% and total cumulative return in cash sums $60,230. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,877/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 2001
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12823, Cossayuna, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 137 (100%) |
| Owner Occupied HU | 98 (71.5%) |
| Renter Occupied HU | 14 (10.2%) |
| Vacant Housing Units | 25 (18.2%) |
| Median Home Value | $225,806 |
| Average Home Value | $242,347 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
3
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Listed by: Stacey Loya • PennyDot Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514625
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