103 Seven Oaks RoadCaroga LakeNY12032
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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 Caroga Lake at 103 Seven Oaks Road, Caroga Lake, NY, 12032 uses $48,034 cash to close to unlock $2,311/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $1,160/mo, and a $709/mo payment keeps the spread at $193/mo. Purchase price stands at $144,900, and rental yield measures 9.61% with $1,160/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash records $62,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,160/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1931
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12032, Caroga Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 265 (26.7%) |
| Renter Occupied HU | 33 ( 3.3%) |
| Vacant Housing Units | 696 (70.0%) |
| Median Home Value | $254,310 |
| Average Home Value | $281,745 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
37
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Listed by: Christopher W White • The Property Shop
Mls Name: Global MLS
Mls ID: #202522900