53 Horicon AvenueBolton LandingNY12814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bolton Landing at 53 Horicon Avenue, Bolton Landing, NY, 12814 earns from $3,644/mo rent with a $4,890/mo payment. Total monthly income totals $3,644/mo. ROI tracks 9.01% on current figures, and rental yield reads 4.38% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 45% and total cumulative return in cash sums $147,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,644/mo property income instead of your personal income.
Multi Family
Built in 1949
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12814, Bolton Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 481 (30.5%) |
| Renter Occupied HU | 121 ( 7.7%) |
| Vacant Housing Units | 975 (61.8%) |
| Median Home Value | $374,265 |
| Average Home Value | $530,208 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John LaRocca • Davies-Davies & Assoc Real Est
Mls Name: Global MLS
Mls ID: #202526298