28 High StTupper LakeNY12986
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
Rental property for sale in Tupper Lake at 28 High St, Tupper Lake, NY, 12986 priced at $189,900 converts $2,268/mo rent into $1,000/mo cash flow after a $929/mo obligation. Total monthly income equals $2,268/mo, and annual cash flow totals $12,004/yr on $62,952 invested. Return on cash invested prints 38.98% in year one, and rental yield reads 14.33% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 205.8% and total cumulative return in cash sums $129,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,268/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12986, Tupper Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,878 (100%) |
| Owner Occupied HU | 1,702 (43.9%) |
| Renter Occupied HU | 741 (19.1%) |
| Vacant Housing Units | 1,435 (37.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $250,400 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,522
Multi-Family
215
Businesses
222
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Listed by: Rob Gillis • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202775
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.