7 Edward DriveWest Sand LakeNY12196
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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 West Sand Lake at 7 Edward Drive, West Sand Lake, NY, 12196 with 5% annual appreciation on a $568,900 basis while $3,742/mo rent supports operations. 7% in year one. Equity gained on principal adds $3,671/yr, and five-year appreciation sums $157,177 alongside rental yield of 7.89%. Five-year ROI measures 102.33% and total cumulative return in cash totals $191,536. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,742/mo property income versus a $2,784/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12196, West Sand Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 963 (77.9%) |
| Renter Occupied HU | 206 (16.7%) |
| Vacant Housing Units | 67 ( 5.4%) |
| Median Home Value | $463,270 |
| Average Home Value | $457,645 |
Housing Distribution
Address Breakdown
Residential
1,073
Single Family
1,073
Multi-Family
0
Businesses
104
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Listed by: Debbie Bucher Wager • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202529531