23 Patrick LaneDiamond PtNY12824
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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
Investment property for sale in Diamond Pt at 23 Patrick Lane, Diamond Pt, NY, 12824 with 5% annual appreciation on a $899,900 basis while $3,816/mo rent supports operations. 17% in year one. Equity gained on principal adds $5,807/yr, and five-year appreciation sums $248,626 alongside rental yield of 5.09%. Five-year ROI measures 56.6% and total cumulative return in cash totals $167,560. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,816/mo property income versus a $4,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
3.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12824, Diamond Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 350 (32.1%) |
| Renter Occupied HU | 75 ( 6.9%) |
| Vacant Housing Units | 664 (61.0%) |
| Median Home Value | $589,286 |
| Average Home Value | $942,450 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
24
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Listed by: Ashley Nagy • Davies-Davies & Assoc Real Est
Mls Name: Global MLS
Mls ID: #202524188