2716 Rt 9Lake GeorgeNY12845
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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 George at 2716 Rt 9, Lake George, NY, 12845 listed at $285,000 pairs $1,494/mo rent with a $1,395/mo payment. Total monthly income runs $1,494/mo. Return on cash invested measures 14.71% in year one, and rental yield registers 6.29% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 75.59% and total cumulative return in cash totals $71,418. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,494/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1850
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12845, Lake George, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,290 (100%) |
| Owner Occupied HU | 1,624 (37.9%) |
| Renter Occupied HU | 640 (14.9%) |
| Vacant Housing Units | 2,026 (47.2%) |
| Median Home Value | $398,131 |
| Average Home Value | $565,530 |
Housing Distribution
Address Breakdown
Residential
2,460
Single Family
2,424
Multi-Family
36
Businesses
420
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Listed by: Danielle Mitchell • Oxford Property Group USA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202516115
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker