232 Clark Wardner RdPaul SmithsNY12970
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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 Paul Smiths at 232 Clark Wardner Rd, Paul Smiths, NY, 12970 offers a 0% rental yield on a $899,000 purchase with $0/mo rent. 3% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
11.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12970, Paul Smiths, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 111 (21.9%) |
| Renter Occupied HU | 24 ( 4.7%) |
| Vacant Housing Units | 371 (73.3%) |
| Median Home Value | $367,241 |
| Average Home Value | $487,568 |
Housing Distribution
Address Breakdown
Residential
98
Single Family
98
Multi-Family
0
Businesses
11
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Listed by: Blythe Niles-Linster • Engel & Volkers Lake Placid Real Estate
Mls Name: ACVMLS
Mls ID: #205338