500 Water StNorth LawrenceNY12967
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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 North Lawrence at 500 Water St, North Lawrence, NY, 12967 listed at $574,000 pairs $2,632/mo rent with a $2,809/mo payment. Total monthly income runs $2,632/mo. Return on cash invested measures 12.43% in year one, and rental yield registers 5.5% at a $574,000 basis. Equity gained on principal adds $3,704/yr, and annual property appreciation at 5% supports $158,586 by year five. Five-year ROI tracks 63.36% and total cumulative return in cash totals $119,649. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,632/mo property income relative to a $2,809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12967, North Lawrence, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 380 (72.5%) |
| Renter Occupied HU | 91 (17.4%) |
| Vacant Housing Units | 53 (10.1%) |
| Median Home Value | $155,682 |
| Average Home Value | $193,954 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
16
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Listed by: Amanda Fiacco • Fiacco Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50525
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.