81 Hull RdRainbow lakeNY12976
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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
Total monthly income runs $2,342/mo, and a $5,335/mo payment. Purchase price stands at $1,090,000, and rental yield measures 2.58% with $2,342/mo rent. Return on cash invested shows 3.6% in year one, and 5% annual appreciation builds toward $301,147 over five years. Five-year ROI reaches 15.93% and total cumulative return in cash records $56,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,342/mo property income covering a $5,335/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12976, Rainbow Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 140 (46.7%) |
| Renter Occupied HU | 32 (10.7%) |
| Vacant Housing Units | 128 (42.7%) |
| Median Home Value | $355,556 |
| Average Home Value | $418,339 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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Listed by: Lisa Paschke • Engel & Volkers Lake Placid Real Estate
Mls Name: ACVMLS
Mls ID: #205617