38 Lake StLibertyNY12754
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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 Liberty at 38 Lake St, Liberty, NY, 12754 offers $1,542/mo rent that, after a $1,125/mo payment, leaves $7/mo cash flow. Total monthly income is $1,542/mo, and annual cash flow is $84/yr on $76,212 cash. Return on cash invested measures 20.02% in year one, and rental yield stands at 8.05% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 104.14% and total cumulative return in cash reaches $79,367. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,542/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12754, Liberty, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 1,393 (35.4%) |
| Renter Occupied HU | 1,559 (39.6%) |
| Vacant Housing Units | 987 (25.1%) |
| Median Home Value | $194,375 |
| Average Home Value | $269,494 |
Housing Distribution
Address Breakdown
Residential
3,082
Single Family
2,661
Multi-Family
421
Businesses
348
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