1455 Us Route 9Schroon LakeNY12870
Nearby investment properties with comparable rents
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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 Schroon Lake at 1455 Us Route 9, Schroon Lake, NY, 12870 earns $1,051/mo cash flow from $3,782/mo rent with a $2,002/mo payment. Total monthly income totals $3,782/mo, and annual cash flow totals $12,607/yr on $135,584 capital. ROI tracks 29.21% on current figures, and rental yield reads 11.1% at a $409,000 purchase. Equity gained on principal adds $2,639/yr, and 5% annual appreciation supports $112,999 over five years. Five-year ROI reaches 153.34% and total cumulative return in cash sums $207,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,782/mo property income instead of your personal income.
Single Family
Built in 1992
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12870, Schroon Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,024 (100%) |
| Owner Occupied HU | 651 (32.2%) |
| Renter Occupied HU | 154 ( 7.6%) |
| Vacant Housing Units | 1,219 (60.2%) |
| Median Home Value | $407,554 |
| Average Home Value | $507,392 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
541
Multi-Family
0
Businesses
92
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Listed by: Angela L Mead • Gallo Realty ADK, Inc
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201870
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.