118 McLaughlin AveTupper LakeNY12986
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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
Rental property for sale in Tupper Lake at 118 McLaughlin Ave, Tupper Lake, NY, 12986 priced at $199,000 pairs $1,579/mo rent with $250/mo cash flow after a $974/mo payment. Total monthly income equals $1,579/mo, and annual cash flow comes to $3,001/yr on $65,969 invested. Return on cash invested is 24.46% in year one, and rental yield stands at 9.52% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 127.94% and total cumulative return in cash reaches $84,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,579/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12986, Tupper Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,878 (100%) |
| Owner Occupied HU | 1,702 (43.9%) |
| Renter Occupied HU | 741 (19.1%) |
| Vacant Housing Units | 1,435 (37.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $250,400 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,522
Multi-Family
215
Businesses
222
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Listed by: Tammy Mattoon • Mattoon Realty
Mls Name: ACVMLS
Mls ID: #204598