37 Ordelia LaneRound LakeNY12151
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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 Round Lake at 37 Ordelia Lane, Round Lake, NY, 12151 offers $3,499/mo rent that, after a $2,349/mo payment, leaves $294/mo cash flow. Total monthly income is $3,499/mo, and annual cash flow is $3,530/yr on $159,087 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 8.75% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 115.39% and total cumulative return in cash reaches $183,573. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,499/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12151, Round Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 257 (69.8%) |
| Renter Occupied HU | 65 (17.7%) |
| Vacant Housing Units | 46 (12.5%) |
| Median Home Value | $378,125 |
| Average Home Value | $409,874 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
176
Multi-Family
6
Businesses
69
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Listed by: Jayne Schermerhorn • Signature One Realty Grp, LLC
Mls Name: Global MLS
Mls ID: #202523407