134 Onteora TrlIndian LakeNY12842
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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 Indian Lake at 134 Onteora Trl, Indian Lake, NY, 12842 priced at $295,000 converts $3,958/mo rent into $1,928/mo cash flow after a $1,444/mo obligation. Total monthly income equals $3,958/mo, and annual cash flow totals $23,135/yr on $97,793 invested. Return on cash invested prints 43.57% in year one, and rental yield reads 16.1% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 230.61% and total cumulative return in cash sums $225,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,958/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
$720 annually 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: Allen VanHoff • Howard Hanna Capital, Inc (Queensbury)
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202692
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.