1407 Clark Hollow RdLa fayetteNY13084
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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 La fayette at 1407 Clark Hollow Rd, La fayette, NY, 13084 listed at $195,000 pairs $1,526/mo rent with a $954/mo payment to leave $224/mo cash flow. Total monthly income runs $1,526/mo, and annual cash flow reaches $2,691/yr on $64,643 cash to close. Return on cash invested measures 24.07% in year one, and rental yield registers 9.39% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 125.86% and total cumulative return in cash totals $81,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,526/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13084, La Fayette, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,560 (77.4%) |
| Renter Occupied HU | 320 (15.9%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $253,203 |
| Average Home Value | $271,378 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,603
Multi-Family
222
Businesses
124
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Listed by: Sherry Schmidt • Lake Placid Realty Homes & Camps
Mls Name: ACVMLS
Mls ID: #206337