57 State StSkaneatelesNY13152
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
Rental property for sale in Skaneateles at 57 State St, Skaneateles, NY, 13152 priced at $1,199,900 pairs $3,648/mo rent with after a $5,873/mo payment. Total monthly income equals $3,648/mo. Return on cash invested is 6.9% in year one, and rental yield stands at 3.65% on a $1,199,900 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,510 by year five. Five-year ROI measures 33.63% and total cumulative return in cash reaches $130,756. For financing, Ziffy Mortgage’s DSCR program evaluates $3,648/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1870
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13152, Skaneateles, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,446 (100%) |
| Owner Occupied HU | 2,756 (62.0%) |
| Renter Occupied HU | 576 (13.0%) |
| Vacant Housing Units | 1,114 (25.1%) |
| Median Home Value | $466,392 |
| Average Home Value | $546,109 |
Housing Distribution
Address Breakdown
Residential
3,582
Single Family
3,426
Multi-Family
156
Businesses
375
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Listed by: Molly Elliott • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1630064