7 Indian Lake RdFerndaleNY12734
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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 Ferndale at 7 Indian Lake Rd, Ferndale, NY, 12734 uses $110,647 cash to close to unlock $6,273/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $1,634/mo payment keeps the spread at $523/mo. Purchase price stands at $333,777, and rental yield measures 9.89% with $2,752/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $92,216 over five years. Five-year ROI reaches 133.88% and total cumulative return in cash records $148,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $1,634/mo payment rather than investor’s personal income.
Single Family
Built in 1971
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12734, Ferndale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 955 (100%) |
| Owner Occupied HU | 382 (40.0%) |
| Renter Occupied HU | 231 (24.2%) |
| Vacant Housing Units | 342 (35.8%) |
| Median Home Value | $272,340 |
| Average Home Value | $332,539 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
110
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