3 Freeman StTupper LakeNY12986
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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 Tupper Lake at 3 Freeman St, Tupper Lake, NY, 12986 earns $238/mo cash flow from $2,234/mo rent with a $1,463/mo payment. Total monthly income totals $2,234/mo, and annual cash flow totals $2,853/yr on $99,119 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.97% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 118.92% and total cumulative return in cash sums $117,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,234/mo property income instead of your personal income.
Single Family
Built in 1920
0.27 Acres 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: Francis (Bob) Miller • Bob Miller Real Estate
Mls Name: ACVMLS
Mls ID: #206407