969 Hurd RoadSwan 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 969 Hurd Road, Swan Lake, NY, 12783 generates $4,560/mo in rent and, after a $3,177/mo payment, leaves $226/mo in cash flow. Total monthly income is $4,560/mo, and annual cash flow is $2,707/yr on $213,521 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 8.43% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 111.07% and total cumulative return in cash sums $237,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,560/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.15 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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