5509 Lincoln Pond Rd LOT 2ElizabethtownNY12932
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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 Elizabethtown at 5509 Lincoln Pond Rd LOT 2, Elizabethtown, NY, 12932 generates $3,107/mo in rent, after a $4,400/mo payment. Total monthly income is $3,107/mo. Return on cash invested sits at 8.31% in year one, and rental yield is 4.15% on a $898,900 entry. Equity gained on principal adds $5,800/yr, while 5% annual appreciation builds toward $248,350 over five years. Five-year ROI reaches 41.24% and total cumulative return in cash sums $121,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,107/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12932, Elizabethtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 476 (56.3%) |
| Renter Occupied HU | 146 (17.3%) |
| Vacant Housing Units | 224 (26.5%) |
| Median Home Value | $240,385 |
| Average Home Value | $338,613 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
308
Multi-Family
12
Businesses
78
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Listed by: Peter J. Whitbeck • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls ID: #206439