160 Sweenie Fields RoadSchroon LakeNY12870
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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 160 Sweenie Fields Road, Schroon Lake, NY, 12870 earns $84/mo cash flow from $3,056/mo rent with a $2,178/mo payment. Total monthly income totals $3,056/mo, and annual cash flow totals $1,013/yr on $147,518 capital. ROI tracks 20.6% on current figures, and rental yield reads 8.24% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 107.18% and total cumulative return in cash sums $158,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,056/mo property income instead of your personal income.
Single Family
Built in 2003
5.20 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: Vicki T Mast • Gallo Realty ADK Inc
Mls Name: Global MLS
Mls ID: #202529330