811 BriscoeSwan LakeNY12783
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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 Swan Lake at 811 Briscoe, Swan Lake, NY, 12783 priced at $280,000 pairs $2,160/mo rent with $291/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $3,488/yr on $92,820 invested. Return on cash invested is 23.67% in year one, and rental yield stands at 9.26% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 123.66% and total cumulative return in cash reaches $114,777. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12783, Swan Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 487 (37.9%) |
| Renter Occupied HU | 149 (11.6%) |
| Vacant Housing Units | 650 (50.5%) |
| Median Home Value | $307,979 |
| Average Home Value | $374,677 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
632
Multi-Family
0
Businesses
45
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