248 Keese Mills RdPaul SmithsNY12970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Paul Smiths at 248 Keese Mills Rd, Paul Smiths, NY, 12970 offers $2,092/mo rent that, after a $1,028/mo payment, leaves $690/mo cash flow. Total monthly income is $2,092/mo, and annual cash flow is $8,274/yr on $69,615 cash. Return on cash invested measures 31.79% in year one, and rental yield stands at 11.95% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 167.24% and total cumulative return in cash reaches $116,428. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,092/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.50 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: Jeremy Schenk • Say Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203405
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.