8 Highland CresDrydenNY13053
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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
Rental property for sale in Dryden at 8 Highland Cres, Dryden, NY, 13053 generates $540/mo in rent, after a $1,016/mo payment. Total monthly income is $540/mo. Return on cash invested sits at 5.15% in year one, and rental yield is 3.12% on a $207,500 entry. Equity gained on principal adds $1,339/yr, while 5% annual appreciation builds toward $57,328 over five years. Five-year ROI reaches 24.33% and total cumulative return in cash sums $16,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $540/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13053, Dryden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,320 (61.2%) |
| Renter Occupied HU | 665 (30.8%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $263,750 |
| Average Home Value | $307,689 |
Housing Distribution
Address Breakdown
Residential
1,553
Single Family
1,418
Multi-Family
135
Businesses
141
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