62 Village View RoadLake LuzerneNY12846
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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
Investment property for sale in Lake Luzerne at 62 Village View Road, Lake Luzerne, NY, 12846 with 5% annual appreciation on a $175,000 basis while $1,336/mo rent supports operations. Total monthly income totals $1,336/mo and a $857/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,003/yr on $58,013 deployed, and return on cash invested reaches 23.36% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.16%. Five-year ROI measures 121.99% and total cumulative return in cash totals $70,771.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,336/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12846, Lake Luzerne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,119 (53.0%) |
| Renter Occupied HU | 241 (11.4%) |
| Vacant Housing Units | 751 (35.6%) |
| Median Home Value | $250,765 |
| Average Home Value | $314,401 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
84
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Listed by: Mary Ann C De Luca • Purdy Realty LLC
Mls Name: Global MLS
Mls ID: #202522547