22000 Club House DrWellesley islandNY13640
Nearby investment properties with comparable rents
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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 22000 Club House Dr, Wellesley island, NY, 13640 offers $1,640/mo rent that, after a $980/mo payment, leaves $303/mo cash flow. Total monthly income is $1,640/mo, and annual cash flow is $3,633/yr on $66,404 cash. Return on cash invested measures 25.38% in year one, and rental yield stands at 9.82% at a $200,313 entry. Equity gained on principal adds $1,293/yr while 5% annual appreciation compounds into $55,343 by year five. Five-year ROI records 132.82% and total cumulative return in cash reaches $88,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,640/mo property income versus a $980/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2.50 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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