77 Terrace DriveLake 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 77 Terrace Drive, Lake Luzerne, NY, 12846 earns from $2,388/mo rent with a $2,198/mo payment. Total monthly income totals $2,388/mo. ROI tracks 14.99% on current figures, and rental yield reads 6.38% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 77.1% and total cumulative return in cash sums $114,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,388/mo property income instead of your personal income.
Single Family
Built in 1950
0.32 Acres 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: Mia Winslow Green • Winslow Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202511602
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker