50 Hillcrest DriveWest 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 50 Hillcrest Drive, West Sand Lake, NY, 12196 generates $2,040/mo in rent, after a $2,080/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 13.11% in year one, and rental yield is 5.76% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 67.06% and total cumulative return in cash sums $94,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.35 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: Brian T Neary • Brian Neary Realty
Mls Name: Global MLS
Mls ID: #202610920