3 Shotwell LnSkaneatelesNY13152
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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 Skaneateles at 3 Shotwell Ln, Skaneateles, NY, 13152 priced at $529,000 pairs $2,461/mo rent with after a $2,589/mo payment. Total monthly income equals $2,461/mo. Return on cash invested is 12.67% in year one, and rental yield stands at 5.58% on a $529,000 basis. Equity gained on principal adds $3,414/yr, and 5% annual appreciation accumulates to $146,153 by year five. Five-year ROI measures 64.66% and total cumulative return in cash reaches $112,529. For financing, Ziffy Mortgage’s DSCR program evaluates $2,461/mo property income against a $2,589/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13152, Skaneateles, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,446 (100%) |
| Owner Occupied HU | 2,756 (62.0%) |
| Renter Occupied HU | 576 (13.0%) |
| Vacant Housing Units | 1,114 (25.1%) |
| Median Home Value | $466,392 |
| Average Home Value | $546,109 |
Housing Distribution
Address Breakdown
Residential
3,582
Single Family
3,426
Multi-Family
156
Businesses
375
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Listed by: Gail M. Brewer • Coldwell Banker Prime Properti
Mls Name: NYSAMLSs
Mls ID: #S1648962