4 Lake StreetSwan LakeNY12783
Nearby investment properties with comparable rents
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
Investment property for sale in Swan Lake at 4 Lake Street, Swan Lake, NY, 12783 offers a 8.67% rental yield on a $299,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,463/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,965/yr on $99,119 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 114.13% and total cumulative return in cash at $113,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,164 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12783, Swan Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 487 (37.9%) |
| Renter Occupied HU | 149 (11.6%) |
| Vacant Housing Units | 650 (50.5%) |
| Median Home Value | $307,979 |
| Average Home Value | $374,677 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
632
Multi-Family
0
Businesses
45
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