40 Seneca RoadWest Sand LakeNY12196
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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 West Sand Lake at 40 Seneca Road, West Sand Lake, NY, 12196 priced at $119,500 converts $1,813/mo rent into $1,015/mo cash flow after a $585/mo obligation. Total monthly income equals $1,813/mo, and annual cash flow totals $12,179/yr on $39,614 invested. Return on cash invested prints 50.65% in year one, and rental yield reads 18.21% against a $119,500 entry. Equity gained on principal adds $771/yr, while 5% annual appreciation compiles into $33,016 by year five. Five-year ROI reaches 268.31% and total cumulative return in cash sums $106,290. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,813/mo property income covering a $585/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12196, West Sand Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 963 (77.9%) |
| Renter Occupied HU | 206 (16.7%) |
| Vacant Housing Units | 67 ( 5.4%) |
| Median Home Value | $463,270 |
| Average Home Value | $457,645 |
Housing Distribution
Address Breakdown
Residential
1,073
Single Family
1,073
Multi-Family
0
Businesses
104
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Listed by: Laurie E Leckonby • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202527475