28 Main StreetLake LuzerneNY12846
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 Lake Luzerne at 28 Main Street, Lake Luzerne, NY, 12846 at $225,000 posts ROI 20.11% with $13/mo cash flow from $1,515/mo rent. Total monthly income equals $1,515/mo, and annual cash flow records $153/yr on $74,588 to close. Return on cash invested measures 20.11% and rental yield reads 8.08% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 104.59% and total cumulative return in cash totals $78,009.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,515/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12846, Lake Luzerne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,119 (53.0%) |
| Renter Occupied HU | 241 (11.4%) |
| Vacant Housing Units | 751 (35.6%) |
| Median Home Value | $250,765 |
| Average Home Value | $314,401 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Imran Abdul Qayoom • Jandali Realty
Mls Name: Global MLS
Mls ID: #202527669