3501 Stanton RdSkaneatelesNY13152
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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
Rental property for sale in Skaneateles at 3501 Stanton Rd, Skaneateles, NY, 13152 generates $5,834/mo in rent and, after a $3,181/mo payment, leaves $1,494/mo in cash flow. Total monthly income is $5,834/mo, and annual cash flow is $17,926/yr on $213,850 invested. Return on cash invested sits at 28.44% in year one, and rental yield is 10.77% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 149.21% and total cumulative return in cash sums $319,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1879
5.77 Acres 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: Steven Frank • Keller Williams Syracuse
Mls Name: NYSAMLSs
Mls ID: #S1643925