125 Branch Farm RdSaranac LakeNY12983
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 Saranac Lake at 125 Branch Farm Rd, Saranac Lake, NY, 12983 at $545,000 posts ROI 5.66% with from $1,488/mo rent. Total monthly income equals $1,488/mo. Return on cash invested measures 5.66% and rental yield reads 3.28% at the current $545,000. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 by year five. Five-year ROI prints 27.06% and total cumulative return in cash totals $48,528. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,488/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12983, Saranac Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,105 (100%) |
| Owner Occupied HU | 2,093 (41.0%) |
| Renter Occupied HU | 1,597 (31.3%) |
| Vacant Housing Units | 1,415 (27.7%) |
| Median Home Value | $245,250 |
| Average Home Value | $364,080 |
Housing Distribution
Address Breakdown
Residential
3,628
Single Family
3,194
Multi-Family
434
Businesses
570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francis (Bob) Miller • Bob Miller Real Estate
Mls Name: ACVMLS
Mls ID: #206318