1878 Nys Rte #8Lake PleasantNY12108
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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 Lake Pleasant at 1878 Nys Rte #8, Lake Pleasant, NY, 12108 earns $9/mo cash flow from $2,046/mo rent with a $1,493/mo payment. Total monthly income totals $2,046/mo, and annual cash flow totals $109/yr on $101,108 capital. ROI tracks 20.02% on current figures, and rental yield reads 8.05% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 104.11% and total cumulative return in cash sums $105,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,046/mo property income instead of your personal income.
Single Family
Built in 1940
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12108, Lake Pleasant, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 214 (23.4%) |
| Renter Occupied HU | 44 ( 4.8%) |
| Vacant Housing Units | 655 (71.7%) |
| Median Home Value | $290,000 |
| Average Home Value | $338,107 |
Housing Distribution
Address Breakdown
Residential
38
Single Family
38
Multi-Family
0
Businesses
33
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Listed by: Christy Wilt • ALICIA C MILLER REAL ESTATE INC
Mls Name: NY State MLS
Mls ID: #11329762