39 Oak Ln, Loon Lake, NY, 12989 | 7.33% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,765/mo, and a $1,415/mo payment. Purchase price stands at $289,000, and rental yield measures 7.33% with $1,765/mo rent. Return on cash invested shows 17.84% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 92.39% and total cumulative return in cash records $88,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,415/mo payment rather than investor’s personal income.

Single Family

Built in 2000

2.20 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 12989, Vermontville, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	874 (100%)
Owner Occupied HU	385 (44.1%)
Renter Occupied HU	48 ( 5.5%)
Vacant Housing Units	441 (50.5%)
Median Home Value	$271,875
Average Home Value	$314,435