285 Lake RdDrydenNY13053
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 285 Lake Rd, Dryden, NY, 13053 in Dryden is capital appreciation. Rental yield 2.83%. The 2.83% gross yield at $229,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $63,268 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.52) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $23,670.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 6.2% |
| Monthly Cash Flow | $(989) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $540 |
| Total Monthly Debt Service | $1,438 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
1.02 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
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
Single Family
Built in 1972
1.02 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: Isaac Kain • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1602826
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