1623 Silver Lake RdAu Sable ForksNY12912
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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 Au Sable Forks at 1623 Silver Lake Rd, Au Sable Forks, NY, 12912 uses $49,725 cash to close to unlock $2,022/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,170/mo, and a $734/mo payment keeps the spread at $169/mo. Purchase price stands at $150,000, and rental yield measures 9.36% with $1,170/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 125.33% and total cumulative return in cash records $62,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2018
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12912, Au Sable Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,400 (100%) |
| Owner Occupied HU | 703 (50.2%) |
| Renter Occupied HU | 199 (14.2%) |
| Vacant Housing Units | 498 (35.6%) |
| Median Home Value | $257,667 |
| Average Home Value | $329,950 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
693
Multi-Family
24
Businesses
64
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Listed by: Samantha Seymour • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls ID: #205337