226 Sand Point RoadCaroga LakeNY12032
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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 Caroga Lake at 226 Sand Point Road, Caroga Lake, NY, 12032 offers a 0% rental yield on a $1,350,000 purchase with $0/mo rent. 36% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12032, Caroga Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 265 (26.7%) |
| Renter Occupied HU | 33 ( 3.3%) |
| Vacant Housing Units | 696 (70.0%) |
| Median Home Value | $254,310 |
| Average Home Value | $281,745 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
37
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No similar rental properties found nearby.
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Listed by: Timothy B Doherty • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202525929