3550 State Highway 11bNorth LawrenceNY12967
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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 North Lawrence at 3550 State Highway 11b, North Lawrence, NY, 12967 uses $119,340 cash to close to unlock $3,780/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $2,719/mo, and a $1,762/mo payment keeps the spread at $315/mo. Purchase price stands at $360,000, and rental yield measures 9.06% with $2,719/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 120.46% and total cumulative return in cash records $143,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,719/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2025
10.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12967, North Lawrence, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 380 (72.5%) |
| Renter Occupied HU | 91 (17.4%) |
| Vacant Housing Units | 53 (10.1%) |
| Median Home Value | $155,682 |
| Average Home Value | $193,954 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
16
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Listed by: Carmen Kenney • Dufrane Real Estate, LLC
Mls Name: SLCMLS
Mls ID: #51942