1082 State Route 86Ray BrookNY12977
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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 Ray Brook at 1082 State Route 86, Ray Brook, NY, 12977 earns $16/mo cash flow from $1,880/mo rent with a $1,366/mo payment. Total monthly income totals $1,880/mo, and annual cash flow totals $197/yr on $92,489 capital. ROI tracks 20.12% on current figures, and rental yield reads 8.09% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 104.65% and total cumulative return in cash sums $96,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,880/mo property income instead of your personal income.
Single Family
Built in 1975
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12977, Ray Brook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30 (100%) |
| Owner Occupied HU | 20 (66.7%) |
| Renter Occupied HU | 5 (16.7%) |
| Vacant Housing Units | 5 (16.7%) |
| Median Home Value | $1,285,714 |
| Average Home Value | $1,337,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
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Listed by: Kelsey Cassidy • Merrill L. Thomas, Inc.
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204069
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.