110 Black Bear LaneIndian LakeNY12842
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Nearby investment properties with comparable prices
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 110 Black Bear Lane, Indian Lake, NY, 12842 offers a 8.46% rental yield on a $269,000 purchase with $1,897/mo rent. Total monthly income registers $1,897/mo, and a $1,317/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,203/yr on $89,174 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 110.75% and total cumulative return in cash at $98,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,897/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.90 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: Katherine E King • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls ID: #202526996