118 Sherman Lake RdCrown PointNY12928
Nearby investment properties with comparable rents
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 Crown Point at 118 Sherman Lake Rd, Crown Point, NY, 12928 at $395,000 posts ROI 18.84% with from $2,521/mo rent. Total monthly income equals $2,521/mo. Return on cash invested measures 18.84% and rental yield reads 7.66% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 97.77% and total cumulative return in cash totals $128,022. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,521/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1888
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12928, Crown Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 712 (61.4%) |
| Renter Occupied HU | 165 (14.2%) |
| Vacant Housing Units | 283 (24.4%) |
| Median Home Value | $194,565 |
| Average Home Value | $235,109 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Barnaby • Northpoint Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204192
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.