27 Cedar Ridge LaneBolton LandingNY12814
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
Rental property for sale in Bolton Landing at 27 Cedar Ridge Lane, Bolton Landing, NY, 12814 priced at $895,000 pairs $4,502/mo rent with after a $4,381/mo payment. Total monthly income equals $4,502/mo. Return on cash invested is 14.05% in year one, and rental yield stands at 6.04% on a $895,000 basis. Equity gained on principal adds $5,775/yr, and 5% annual appreciation accumulates to $247,272 by year five. Five-year ROI measures 72.02% and total cumulative return in cash reaches $212,078. For financing, Ziffy Mortgage’s DSCR program evaluates $4,502/mo property income against a $4,381/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12814, Bolton Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 481 (30.5%) |
| Renter Occupied HU | 121 ( 7.7%) |
| Vacant Housing Units | 975 (61.8%) |
| Median Home Value | $374,265 |
| Average Home Value | $530,208 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randall Tannen • Four Seasons Sothebys Int RE
Mls Name: Global MLS
Mls Provider:
Mls ID: #202323257
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