42795 Paynes Lake Camp RdTheresaNY13691
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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 Theresa at 42795 Paynes Lake Camp Rd, Theresa, NY, 13691 priced at $1,197,900 pairs $3,199/mo rent with after a $5,863/mo payment. Total monthly income equals $3,199/mo. Return on cash invested is 5.53% in year one, and rental yield stands at 3.2% on a $1,197,900 basis. Equity gained on principal adds $7,730/yr, and 5% annual appreciation accumulates to $330,958 by year five. Five-year ROI measures 26.28% and total cumulative return in cash reaches $102,012. For financing, Ziffy Mortgage’s DSCR program evaluates $3,199/mo property income against a $5,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13691, Theresa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 944 (55.8%) |
| Renter Occupied HU | 251 (14.8%) |
| Vacant Housing Units | 497 (29.4%) |
| Median Home Value | $196,957 |
| Average Home Value | $227,100 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,113
Multi-Family
82
Businesses
33
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