28 Nacy RoadLake 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
Rental property for sale in Lake george at 28 Nacy Road, Lake george, NY, 12845 offers $2,134/mo rent that, after a $3,989/mo payment. Total monthly income is $2,134/mo. Return on cash invested measures 5.25% in year one, and rental yield stands at 3.14% at a $815,000 entry. Equity gained on principal adds $5,259/yr while 5% annual appreciation compounds into $225,169 by year five. Five-year ROI records 24.87% and total cumulative return in cash reaches $66,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,134/mo property income versus a $3,989/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,840 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: Christopher Imbarrato • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202610138