163 Dann RdSaranacNY12981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saranac at 163 Dann Rd, Saranac, NY, 12981 offers a 6.11% rental yield on a $265,000 purchase with $1,350/mo rent. 18% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 72.77% and total cumulative return in cash at $63,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12981, Saranac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,051 (64.9%) |
| Renter Occupied HU | 274 (16.9%) |
| Vacant Housing Units | 294 (18.2%) |
| Median Home Value | $187,090 |
| Average Home Value | $204,477 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
912
Multi-Family
21
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Buccellato • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201682
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.