40 Mountain View RdSaranacNY12981
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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 Saranac at 40 Mountain View Rd, Saranac, NY, 12981 with 5% annual appreciation on a $168,000 basis while $1,350/mo rent supports operations. Total monthly income totals $1,350/mo and a $822/mo payment preserves $228/mo for cash returns. Annual cash flow comes to $2,741/yr on $55,692 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $1,084/yr, and five-year appreciation sums $46,415 alongside rental yield of 9.64%. Five-year ROI measures 129.92% and total cumulative return in cash totals $72,353.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,350/mo property income versus a $822/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12981, Saranac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,051 (64.9%) |
| Renter Occupied HU | 274 (16.9%) |
| Vacant Housing Units | 294 (18.2%) |
| Median Home Value | $187,090 |
| Average Home Value | $204,477 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
912
Multi-Family
21
Businesses
36
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Listed by: Amy Provost • Ridgeline Realty Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204621
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.