304 County Route 60Rainbow LakeNY12976
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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
Investment property for sale in Rainbow Lake at 304 County Route 60, Rainbow Lake, NY, 12976 earns from $0/mo rent with a $1,561/mo payment. Total monthly income totals $0/mo. ROI tracks -4.26% on current figures, and rental yield reads 0% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12976, Rainbow Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 140 (46.7%) |
| Renter Occupied HU | 32 (10.7%) |
| Vacant Housing Units | 128 (42.7%) |
| Median Home Value | $355,556 |
| Average Home Value | $418,339 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Christian Thomas • Say Real Estate
Mls Name: ACVMLS
Mls ID: #205159