423 Fraser RdKiamesha lakeNY12751
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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 Kiamesha lake at 423 Fraser Rd, Kiamesha lake, NY, 12751 listed at $1,400,000 pairs $2,057/mo rent with a $6,852/mo payment. Total monthly income runs $2,057/mo. Return on cash invested measures 1.08% in year one, and rental yield registers 1.76% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 2.43% and total cumulative return in cash totals $11,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,057/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12751, Kiamesha Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 482 (100%) |
| Owner Occupied HU | 122 (25.3%) |
| Renter Occupied HU | 184 (38.2%) |
| Vacant Housing Units | 176 (36.5%) |
| Median Home Value | $168,750 |
| Average Home Value | $322,746 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
342
Multi-Family
0
Businesses
39
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Listed by: Mary Hovanec • ELLIOTT AND POMEROY INC
Mls Name: NY State MLS
Mls ID: #11198792