281 Lake RdDrydenNY13053
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 Dryden at 281 Lake Rd, Dryden, NY, 13053 at $398,000 posts ROI 20.5% with $65/mo cash flow from $2,723/mo rent. Total monthly income equals $2,723/mo, and annual cash flow records $783/yr on $131,937 to close. Return on cash invested measures 20.5% and rental yield reads 8.21% at the current $398,000. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 by year five. Five-year ROI prints 106.69% and total cumulative return in cash totals $140,760.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,723/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13053, Dryden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,320 (61.2%) |
| Renter Occupied HU | 665 (30.8%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $263,750 |
| Average Home Value | $307,689 |
Housing Distribution
Address Breakdown
Residential
1,553
Single Family
1,418
Multi-Family
135
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian DeYoung • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1594293
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-03-24 00:22:40 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.