39 Lake Simond RdTupper LakeNY12986
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 39 Lake Simond Rd, Tupper Lake, NY, 12986 offers a 4.07% rental yield on a $935,000 purchase with $3,173/mo rent. 08% in year one. Equity gained on principal adds $6,033/yr while 5% annual appreciation supports $258,323 over five years. Portfolio math shows five-year ROI at 40.03% and total cumulative return in cash at $123,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,173/mo property income against a $4,576/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.51 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Ellis • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls ID: #205379