38 Devenoge DrHighland LakeNY12743
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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 Highland Lake at 38 Devenoge Dr, Highland Lake, NY, 12743 with 5% annual appreciation on a $999,000 basis while $2,678/mo rent supports operations. 48% in year one. Equity gained on principal adds $6,446/yr, and five-year appreciation sums $276,005 alongside rental yield of 3.22%. Five-year ROI measures 26.08% and total cumulative return in cash totals $85,718. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,678/mo property income versus a $4,890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12743, Highland Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 97 (38.0%) |
| Renter Occupied HU | 23 ( 9.0%) |
| Vacant Housing Units | 135 (52.9%) |
| Median Home Value | $356,250 |
| Average Home Value | $451,289 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
9
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Listed by: Anne-laure Penvenne • GEORGE BARBARA
Mls Name: My State MLS
Mls ID: #11554789