8121 Lakeshore DrSilver BayNY12874
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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 Silver Bay at 8121 Lakeshore Dr, Silver Bay, NY, 12874 at $449,000 posts ROI 15.8% with from $2,489/mo rent. Total monthly income equals $2,489/mo. Return on cash invested measures 15.8% and rental yield reads 6.65% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 81.46% and total cumulative return in cash totals $121,252. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12874, Silver Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 73 (19.5%) |
| Renter Occupied HU | 9 ( 2.4%) |
| Vacant Housing Units | 293 (78.1%) |
| Median Home Value | $668,750 |
| Average Home Value | $731,507 |
Housing Distribution
Address Breakdown
Residential
124
Single Family
124
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
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