987 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
Investment property for sale in Swan Lake at 987 Hurd Road, Swan Lake, NY, 12783 uses $165,750 cash to close to unlock $14,656/yr annual cash flow and $1,221/mo monthly cash flow. Total monthly income runs $4,560/mo, and a $2,447/mo payment keeps the spread at $1,221/mo. Purchase price stands at $499,999, and rental yield measures 10.94% with $4,560/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 150.92% and total cumulative return in cash records $250,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,560/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2005
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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