5301 E Lake Rd APT 23DewittvilleNY14728
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 Dewittville at 5301 E Lake Rd APT 23, Dewittville, NY, 14728 listed at $239,900 pairs $1,486/mo rent with a $1,174/mo payment. Total monthly income runs $1,486/mo. Return on cash invested measures 18.16% in year one, and rental yield registers 7.43% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 94.17% and total cumulative return in cash totals $74,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,486/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
958.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14728, Dewittville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,066 (100%) |
| Owner Occupied HU | 405 (38.0%) |
| Renter Occupied HU | 73 ( 6.8%) |
| Vacant Housing Units | 588 (55.2%) |
| Median Home Value | $180,729 |
| Average Home Value | $247,889 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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Nearby investment properties with comparable prices
Listed by: Laura Ferraro • Premier Listings Real Estate LLC
Mls Name: NYSAMLSs
Mls ID: #R1620947