43 Honnedaga Lake RdCold BrookNY13324
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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 Cold Brook at 43 Honnedaga Lake Rd, Cold Brook, NY, 13324 priced at $875,000 pairs $0/mo rent with after a $4,283/mo payment. Total monthly income equals $0/mo. Return on cash invested is -7.77% in year one, and rental yield stands at 0% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
12.70 Acres lot
$N/A/sqft
$10,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13324, Cold Brook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 758 (47.5%) |
| Renter Occupied HU | 110 ( 6.9%) |
| Vacant Housing Units | 728 (45.6%) |
| Median Home Value | $223,711 |
| Average Home Value | $259,723 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dawn Timm • Timm Associates Sothebys International Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202669
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.