171 Park StTupper LakeNY12986
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
Rental property for sale in Tupper Lake at 171 Park St, Tupper Lake, NY, 12986 priced at $239,900 converts $2,143/mo rent into $541/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,143/mo, and annual cash flow totals $6,494/yr on $79,527 invested. Return on cash invested prints 28.07% in year one, and rental yield reads 10.72% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 147.32% and total cumulative return in cash sums $117,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1902
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12986, Tupper Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,878 (100%) |
| Owner Occupied HU | 1,702 (43.9%) |
| Renter Occupied HU | 741 (19.1%) |
| Vacant Housing Units | 1,435 (37.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $250,400 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,522
Multi-Family
215
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bridgette LaPierre • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202439
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.