3 Lewis StDrydenNY13053
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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 Dryden at 3 Lewis St, Dryden, NY, 13053 offers $540/mo rent that, after a $1,542/mo payment. Total monthly income is $540/mo. Return on cash invested measures 1.94% in year one, and rental yield stands at 2.06% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 7.15% and total cumulative return in cash reaches $7,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $540/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
0.30 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
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