23 Kennedy LnWilliamstownNY13493
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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 Williamstown at 23 Kennedy Ln, Williamstown, NY, 13493 generates $1,793/mo in rent and, after a $1,223/mo payment, leaves $124/mo in cash flow. Total monthly income is $1,793/mo, and annual cash flow is $1,492/yr on $82,842 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.61% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 113.19% and total cumulative return in cash sums $93,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,793/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13493, Williamstown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 671 (62.8%) |
| Renter Occupied HU | 146 (13.7%) |
| Vacant Housing Units | 251 (23.5%) |
| Median Home Value | $160,491 |
| Average Home Value | $206,446 |
Housing Distribution
Address Breakdown
Residential
724
Single Family
724
Multi-Family
0
Businesses
28
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Listed by: David M Baron • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls ID: #S1630100