1408 Tupper RdLong LakeNY12847
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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 Long Lake at 1408 Tupper Rd, Long Lake, NY, 12847 with 5% annual appreciation on a $460,000 basis while $2,411/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,090 alongside rental yield of 6.29%. Five-year ROI measures 75.62% and total cumulative return in cash totals $115,309. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,411/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12847, Long Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 303 (19.7%) |
| Renter Occupied HU | 70 ( 4.6%) |
| Vacant Housing Units | 1,163 (75.7%) |
| Median Home Value | $299,342 |
| Average Home Value | $381,667 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
53
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Listed by: Frederick Short • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201584
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.