28 Bowman Ln UNIT 7WilmingtonNY12997
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 Wilmington at 28 Bowman Ln UNIT 7, Wilmington, NY, 12997 listed at $725,000 pairs $3,947/mo rent with a $3,549/mo payment. Total monthly income runs $3,947/mo. Return on cash invested measures 15.56% in year one, and rental yield registers 6.53% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 80.13% and total cumulative return in cash totals $191,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,947/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12997, Wilmington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 953 (100%) |
| Owner Occupied HU | 438 (46.0%) |
| Renter Occupied HU | 133 (14.0%) |
| Vacant Housing Units | 382 (40.1%) |
| Median Home Value | $338,235 |
| Average Home Value | $396,484 |
Housing Distribution
Address Breakdown
Residential
401
Single Family
401
Multi-Family
0
Businesses
51
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Listed by: Shannon Eaton • The Reynolds Group of Lake Placid, LLC
Mls Name: ACVMLS
Mls ID: #206286