1063A Big Brook RdIndian LakeNY12842
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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 Indian Lake at 1063A Big Brook Rd, Indian Lake, NY, 12842 uses $115,694 cash to close to unlock $2,359/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $2,527/mo, and a $1,708/mo payment keeps the spread at $197/mo. Purchase price stands at $349,000, and rental yield measures 8.69% with $2,527/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 114.43% and total cumulative return in cash records $132,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,527/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 2013
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12842, Indian Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 505 (33.9%) |
| Renter Occupied HU | 119 ( 8.0%) |
| Vacant Housing Units | 865 (58.1%) |
| Median Home Value | $305,137 |
| Average Home Value | $335,262 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
306
Multi-Family
16
Businesses
65
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Listed by: Aaron Gadway • Gadway Realty
Mls Name: ACVMLS
Mls ID: #205597