32 Huna Way lot 3Lake 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 32 Huna Way lot 3, Lake George, NY, 12845 priced at $989,000 pairs $4,855/mo rent with after a $4,841/mo payment. Total monthly income equals $4,855/mo. Return on cash invested is 13.61% in year one, and rental yield stands at 5.89% on a $989,000 basis. Equity gained on principal adds $6,382/yr, and 5% annual appreciation accumulates to $273,242 by year five. Five-year ROI measures 69.67% and total cumulative return in cash reaches $226,686. For financing, Ziffy Mortgage’s DSCR program evaluates $4,855/mo property income against a $4,841/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.86 Acres 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: Heather Willig • Cartier Real Estate Group LLC
Mls Name: Global MLS
Mls ID: #202520863