194 E Shore DriveAdirondackNY12808
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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 Adirondack at 194 E Shore Drive, Adirondack, NY, 12808 offers a 2.74% rental yield on a $1,499,000 purchase with $3,428/mo rent. 11% in year one. Equity gained on principal adds $9,673/yr while 5% annual appreciation supports $414,146 over five years. Portfolio math shows five-year ROI at 18.66% and total cumulative return in cash at $90,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,428/mo property income against a $7,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12808, Adirondack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 510 (100%) |
| Owner Occupied HU | 155 (30.4%) |
| Renter Occupied HU | 18 ( 3.5%) |
| Vacant Housing Units | 337 (66.1%) |
| Median Home Value | $475,000 |
| Average Home Value | $573,274 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
12
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Listed by: Jeffrey Kelleher • Kelleher Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202413810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker