2592 S Shore RdOld ForgeNY13420
Nearby investment properties with comparable rents
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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 Old Forge at 2592 S Shore Rd, Old Forge, NY, 13420 at $689,000 posts ROI 6.48% with from $2,036/mo rent. Total monthly income equals $2,036/mo. Return on cash invested measures 6.48% and rental yield reads 3.55% at the current $689,000. Equity gained on principal adds $4,446/yr, and 5% annual appreciation supports $190,358 by year five. Five-year ROI prints 31.46% and total cumulative return in cash totals $71,322. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13420, Old Forge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 492 (20.3%) |
| Renter Occupied HU | 137 ( 5.7%) |
| Vacant Housing Units | 1,793 (74.0%) |
| Median Home Value | $350,000 |
| Average Home Value | $456,712 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
92
Multi-Family
3
Businesses
137
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Nearby investment properties with comparable prices
Listed by: Jaimee Tormey • Herron Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1600603
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