1076 Deerland RdLong LakeNY12847
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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 Long Lake at 1076 Deerland Rd, Long Lake, NY, 12847 uses $75,914 cash to close to unlock $715/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,589/mo, and a $1,121/mo payment keeps the spread at $60/mo. Purchase price stands at $229,000, and rental yield measures 8.33% with $1,589/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 108.56% and total cumulative return in cash records $82,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,589/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12847, Long Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 303 (19.7%) |
| Renter Occupied HU | 70 ( 4.6%) |
| Vacant Housing Units | 1,163 (75.7%) |
| Median Home Value | $299,342 |
| Average Home Value | $381,667 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
53
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Listed by: Caleb Thompson • Long Lake Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204627
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.