189 Raquette River DrTupper LakeNY12986
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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
Total monthly income runs $1,896/mo, and a $1,395/mo payment. Purchase price stands at $285,000, and rental yield measures 7.98% with $1,896/mo rent. Return on cash invested shows 19.82% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 102.99% and total cumulative return in cash records $97,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,896/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.28 Acres 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
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Listed by: James Lavalley • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls ID: #205112