59 Yellow Lake DrLpt RossieNY13679
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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 Lpt Rossie at 59 Yellow Lake Dr, Lpt Rossie, NY, 13679 offers a 9.55% rental yield on a $159,000 purchase with $1,265/mo rent. Total monthly income registers $1,265/mo, and a $778/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,441/yr on $52,709 to close, and return on cash invested stands at 24.54% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 128.38% and total cumulative return in cash at $67,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,265/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13679, Redwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,701 (100%) |
| Owner Occupied HU | 576 (33.9%) |
| Renter Occupied HU | 119 ( 7.0%) |
| Vacant Housing Units | 1,006 (59.1%) |
| Median Home Value | $208,519 |
| Average Home Value | $245,924 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
803
Multi-Family
58
Businesses
23
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Listed by: Stacy Faunce • Keller Williams Northern New York
Mls Name: NYSAMLSs
Mls ID: #S1651137