101 Watershed DrLake GeorgeNY12845
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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 Lake George at 101 Watershed Dr, Lake George, NY, 12845 earns $9/mo cash flow from $1,582/mo rent with a $1,153/mo payment. Total monthly income totals $1,582/mo, and annual cash flow totals $106/yr on $78,101 capital. ROI tracks 20.04% on current figures, and rental yield reads 8.06% at a $235,600 purchase. Equity gained on principal adds $1,520/yr, and 5% annual appreciation supports $65,092 over five years. Five-year ROI reaches 104.2% and total cumulative return in cash sums $81,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,582/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12845, Lake George, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,290 (100%) |
| Owner Occupied HU | 1,624 (37.9%) |
| Renter Occupied HU | 640 (14.9%) |
| Vacant Housing Units | 2,026 (47.2%) |
| Median Home Value | $398,131 |
| Average Home Value | $565,530 |
Housing Distribution
Address Breakdown
Residential
2,460
Single Family
2,424
Multi-Family
36
Businesses
420
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #202412230