215 Fish Mountain RdLake 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 215 Fish Mountain Rd, Lake Pleasant, NY, 12108 listed at $550,000 pairs $7,013/mo rent with a $2,692/mo payment to leave $3,340/mo cash flow. Total monthly income runs $7,013/mo, and annual cash flow reaches $40,082/yr on $180,950 cash to close. Return on cash invested measures 42.21% in year one, and rental yield registers 15.3% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 223.07% and total cumulative return in cash totals $403,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,013/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
3.30 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: #11507824