238 Lakeview Drive RdHighland LakeNY12743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highland Lake at 238 Lakeview Drive Rd, Highland Lake, NY, 12743 offers a 2.48% rental yield on a $1,575,000 purchase with $3,251/mo rent. 28% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Portfolio math shows five-year ROI at 14.24% and total cumulative return in cash at $72,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,251/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12743, Highland Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 97 (38.0%) |
| Renter Occupied HU | 23 ( 9.0%) |
| Vacant Housing Units | 135 (52.9%) |
| Median Home Value | $356,250 |
| Average Home Value | $451,289 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A