132 5th AveCaroga LakeNY12032
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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 Caroga Lake at 132 5th Ave, Caroga Lake, NY, 12032 with 5% annual appreciation on a $195,000 basis while $2,110/mo rent supports operations. Total monthly income totals $2,110/mo and a $954/mo payment preserves $808/mo for cash returns. Annual cash flow comes to $9,699/yr on $64,643 deployed, and return on cash invested reaches 34.91% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 12.98%. Five-year ROI measures 183.98% and total cumulative return in cash totals $118,930.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,110/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12032, Caroga Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 265 (26.7%) |
| Renter Occupied HU | 33 ( 3.3%) |
| Vacant Housing Units | 696 (70.0%) |
| Median Home Value | $254,310 |
| Average Home Value | $281,745 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
37
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Listed by: Maryellen Charles • ADK REALTY
Mls Name: NY State MLS
Mls ID: #11293075